Japanese shares climbed as sentiment was buoyed by reports that Tokyo Metro raised $2.3 billion in the countrys biggest initial public offering in six years. A rally in technology shares spurred ...
TOKYO (Reuters) -Tokyo Metro raised 348.6 billion yen ($2.3 billion) in Japan's largest initial public offering in six years ...
Tokyo Metro's initial public offering could drive momentum in the Japanese market and attract more companies into the country ...
The IPO was more than 15 times oversubscribed, said the sources, with the firm's dividend yield seen as an attractive proposition by many including retail investors drawn to a household name.