You are here

Tokyo plans to split Japan Post into three separate listings

Combined market capitalisation could reach eight trillion yen
Saturday, December 27, 2014 - 05:50

BT_20141227_JPOST27_1429374.jpg
GRADUAL DIVESTMENT: The holding company plans to eventually cut by half its stakes in Japan Post Bank and Japan Post Insurance Co to 50% each.

Tokyo

JAPAN'S government plans to split Japan Post Holdings Co into three listed companies by selling shares to the public next August or later as it privatises the nation's biggest consumer bank.

The holding company and its banking and insurance units will list as three separate

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom