You are here

Japan Post's 3 IPOs could be worth US$12b in total

Tokyo is counting on trust in one of Japan's best-known, most stable companies to propel offerings to success


STATE-OWNED Japan Post on Wednesday set indicative price ranges for a trio of initial public offerings in what it hopes to make a "must-have", US$12 billion privatisation, Japan's biggest in three decades.

In IPOs set for Nov 4 squarely targeted at the country's mom-and-pop