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S.Korea ING Life prices IPO near lower end of range: Reuters

Private equity-owned ING Life Insurance Korea said on Monday it priced its initial pubic offering (IPO) near the lower end of an indicative range to raise a total of 1.1 trillion won ($973.54 million).

It priced the IPO at 33,000 won per share, compared with an indicative range of 31,500 won to 40,000 won per share, ING Life said in a filing.