OPINION
NEWS
REGIONS
WORLD
BUSINESS
SPORTS
ENTERTAINMENT
LIFESTYLE
THE SUNDAY TIMES
SPECIAL FEATURES
SPECIAL SECTIONS
TMT NEWSWIRE
FAST TIMES
LEGAL ADVICE
CAMPUS PRESS
VIDEOS
EXPATS & DIPLOMATS
PHOTOS
BUSINESS FORUM
PODCASTS
RESOURCES
WEATHER
MARKET OVERVIEW
CLASSIFIEDS
EXAM RESULTS
TMT DIGITAL EDITION
TMT CSI
TMT 126TH ANNIVERSARY
QUIZZES
GAMES
Business > Foreign Business
Tokyo Metro set to raise $2.3B in Japan's biggest IPO in 6 years
By Reuters
Oct 16, 2024 12:16 am
The IPO was more than 15 times oversubscribed, said the sources, with the firm's dividend yield seen as an attractive proposition by many including retail investors drawn to a household name.
The company has priced the shares at 1,200 yen apiece, compared with a range of 1,100 to 1,200 yen, according to the sources who declined to be named as the information is not public.

Related Articles

US firms are concerned about Trump tariff – Fed

Bank Indonesia announces rate cut

Japan's wholesale inflation steady at 4%

Apple loses top seller spot in China

'Airbus to meet target in 2027'

TSMC Q4 profit set for big leap

Chinese technology not allowed on US cars