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Samsung Life seeks to raise $4.5bn in IPO

korean won

Samsung Life Insurance is seeking to raise up to $4.5bn in May in what would be South Korea’s largest initial public offering.

Samsung Life's move follows its domestic rival Korea Life Insurance's $1.6bn IPO earlier this month and Japan's Dai-ichi Mutual Life Insurance's $11bn offering, the world's biggest IPO in two years.

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