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Market Rumors: Innocean, 1MDB, Keppel

By Chelsea Naso (October 30, 2014, 3:44 PM EDT) -- Hyundai Motor Group's in-house advertising agency, Innocean Worldwide Inc., is said to have chosen Woori Investment & Securities, Deutsche Bank, Citigroup and Daewoo Securities on Thursday to manage a potential initial public offering expected to take place in 2015, Reuters reported, citing people familiar with the matter. Innocean, which was valued at 1 trillion won ($956 million) in a stake sale to investors in August, is pursuing the public debut to help it emerge from the background of the conglomerate and better compete for global clients, the report said....

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