Japan’s national and Tokyo
governments are seeking a 700 billion yen ($4.7 billion)
valuation for Tokyo Metro
- Preparing to list the subway
operator as early as October-end
Info via Reuters citing three unnamed sources
- would be Japan’s biggest IPO in roughly six years
- the two governments own 100% of Tokyo Metro
- meeting of brokerages planned within a week
- half the company to be sold
This article was written by Eamonn Sheridan at www.forexlive.com.
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