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Market Rumors: Cheil Industries, Dai-ichi, Memorial Health

By Chelsea Naso (October 15, 2014, 1:12 PM EDT) -- Cheil Industries Inc., considered the de facto holding company of Samsung Group formerly known as Samsung Everland Inc., is said to be mulling an offer of about 1.5 trillion won ($1.41 billion) worth of shares in its upcoming initial public offering, Reuters reported Wednesday. Cheil is looking to price around 20 to 25 percent of its shares between 45,000 won and 55,000 won each, according to a preliminary but still private plan submitted to South Korea's stock exchange, the report said. ...

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