October 29, 2012

Japan Post plans IPO by 2015 proceeds to go toward post quake reconstruction according to report

"Japan Post Holdings Co. plans to sell shares in an initial public offering by October 2015 as the country's biggest deposit-holder moves closer toward exiting government control.....Japan Post Holdings, now wholly owned by the government with net assets of about ¥11 trillion, will incrementally slash the ratio of government-owned equity stakes to one-third."

Source:Japan Post planning ¥4 trillion IPO
Sat October 27th, 2012. 
Japan Times

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