Daily BriefsECM

Equity Capital Markets: CJ Corp and more

In today’s briefing:

  • CJ Olive Young: Well Positioned to Complete IPO in 2H 2022 After Solid Results in 2021

CJ Olive Young: Well Positioned to Complete IPO in 2H 2022 After Solid Results in 2021

By Douglas Kim

  • CJ Olive Young is the number one health and beauty (H&B) store chain in Korea. CJ Olive Young is well positioned to complete its IPO in 2H 2022.
  • The local media have noted that CJ Olive Young’s market value could reach 3.5 trillion won to 4.0 trillion won after the IPO.
  • If CJ Olive Young is valued at 3.5 trillion won, CJ Corp’s 51.1% stake would be 1.8 trillion won, which would be worth 71% of CJ Corp’s current market cap. 

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