Japan Post's financial units set IPO prices at top rangeStaff writer ▼ | October 19, 2015
Japan Post Bank set the price for its initial public offering at 1,450 yen per share after gauging investor demand at an indicative range of 1,250-1,450 yen, a regulatory filing showed.
IPO 1,450 yen per Japan Post Bank share
he two companies - which each will offer 11 percent of their stock- and their parent, Japan Post Holdings, are seeking to raise a combined 1.4 trillion yen ($11.8 billion) in a triple IPO on Nov. 4 in what will be Japan's biggest privatization in three decades. ■