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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 yearsthe two governments own 100% of Tokyo Metromeeting of brokerages planned within a weekhalf the company to be sold

This article was written by Eamonn Sheridan at www.forexlive.com.

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