TOKYO (Reuters) – Tokyo Metro has really valued its going public at 1,200 yen a share, on high finish of 1,100 to 1,200 yen selection, in keeping with 2 sources educated in regards to the situation.
That would definitely elevate 348.6 billion yen ($ 2.33 billion), making it the most important Initial Public Offering in Japan for six years. The sources decreased to be known as as the small print isn’t public.
The metro driver is readied to introduce the costs later Tuesday and guidelines on the Tokyo Stock Exchange onOct 23.
Tokyo Metro decreased to remark.
($ 1 = 149.7900 yen)
(Reporting by Mariko Katsumura; Editing by Muralikumar Anantharaman)
