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Japan seeking a 700 billion yen valuation for Tokyo Metro, listing as early as end-October

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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