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

August 19, 2024 at 03:36AM
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.

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