Thursday , 21 November 2024
Home Forex Japan seeking a 700 billion yen valuation for Tokyo Metro, listing as early as end-October
Forex

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.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Australian economy – household income has collapsed back to 2009 levels

This is via Roger Wilkins, an economist at The University of Melbourne.A...

ICYMI – SEC Chair Gensler to Depart Agency on January 20

The US Securities and Exchange Commission announced on Thursday that its Chair,...

Deutsche Bank: EUR/USD could fall below parity, potentially reaching 0.95 or even lower.

A note from Deutsche Bank analysts see them warning that a full-force...

Australia preliminary manufacturing PMI November 49.4 (October was 47.3)

Australia Judo Bank / S&P Global data. Mixed bag, up for manufacturing...