Tokyo Plans Japan Post Share Sale Topping $10 Billion - News Summed Up

Tokyo Plans Japan Post Share Sale Topping $10 Billion


TOKYO—The Japanese government is likely to raise more than $10 billion by selling another chunk of Japan Post Holdings Co., which has struggled in its first two years as a public company. The offering, announced Monday, would be the biggest in Japan so far this year and the second-largest in the world, trailing only Italian lender UniCredit SpA’s $14 billion offering in February, according to Dealogic. Japan’s Ministry of...


Source: Wall Street Journal September 11, 2017 11:48 UTC



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