SEOUL -- South Korea's equities market is coming to life, led by an online game developer hoping to raise as much as 2.7 trillion won ($2.4 billion) in an initial public offering in April, the largest such deal in seven years.
Netmarble Games said Monday it planned to sell 17 million new shares at between 121,000 won and 157,000 won each ahead of a listing on the Kospi. The company posted 1.5 trillion won of sales last year, up from 1.1 trillion won a year ago.
