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Japan Post Holdings plans to sell shares in Japan Post Bank, aiming to raise up to $4.02 billion.
Japan Post Holdings plans to sell shares in Japan Post Bank, potentially raising up to $4.02 billion.
This move aims to reduce its stake below 50%, giving the bank more operational flexibility.
The sale aligns with Japan's push for better corporate governance and could be finalized this week, along with a possible share buyback by the bank.
Japan Post Bank recently reported a 17% rise in net profit.
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Japan Post Holdings planea vender acciones en Japan Post Bank, con el objetivo de recaudar hasta 4.020 millones de dólares.