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Japan seeking to raise 500b yen in world's largest rail IPO since 1993

Thursday, September 15, 2016 - 05:50

Tokyo

JAPAN'S government plans to privatise Kyushu Railway Co through a share sale that may fetch about 500 billion yen (S$6.6 billion), according to people with direct knowledge of the matter, in what would be the rail industry's biggest initial public offering in more than two decades

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