Tokyo Metro plans a $2.25bn IPO on the Tokyo Stock Exchange, marking Japan's largest in six years.
Tokyo Metro plans a $2.25 billion IPO on the Tokyo Stock Exchange, scheduled for October 23, marking Japan's largest IPO in six years. At an indicative price of 1,100 yen per share, the offering will involve shares worth 319.55 billion yen. Rigaku, backed by Carlyle Group, will also go public on October 25, seeking up to $888 million, with a projected market value of $2 billion. Both IPOs aim for a total of $3.13 billion.
September 20, 2024
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