Japan Post’s IPO
Japan Post’s IPO
Published: 10:09 am Sep 11, 2015
TOKYO: The Tokyo Stock Exchange on Thursday approved Japan Post’s plans for an initial public offering (IPO) later this year, setting up a whopping share sale that could top $11 billion. The vast government-owned company, which has about 24,000 offices nationwide, along with its insurance and banking units plan to list their shares in Tokyo on November 4, according to an exchange filing.