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SOUTH KOREA: Hite lowers Jinro IPO price band

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South Korean brewer Hite Brewery has reduced the price band for the proposed 14.4m-share initial public offering (IPO) of its spirits subsidiary, Jinro, to between KRW45,000 (US$37.3) and KRW50,000 from between KRW54,000 and KRW60,000 per share.


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