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Tokyo plans to split Japan Post into three separate listings

Combined market capitalisation could reach eight trillion yen

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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