Cleary Gottlieb Steen & Hamilton and Allen & Overy (A&O) have taken lead roles on South Korean cable television operator CJ HelloVision’s KRW293bn (£170m) initial public offering (IPO) – the Korea Exchange’s largest listing in almost 18 months.

Cleary acted for CJ HelloVision on the international tranche of the listing, with a team of four led by corporate partner Yong Lee in Seoul alongside associates in Hong Kong and New York.