Foxconn’s unit targets raising $4.3 billion in biggest China IPO since 2015
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May 23, 2018This post was originally published on this site
TAIPEI/SHANGHAI (Reuters) – Foxconn Industrial Internet , a subsidiary of the world’s largest contract manufacturer Foxconn , announced plans to raise up to 27.1 billion yuan ($4.26 billion) in what will be mainland China’s biggest IPO in almost three years.