TOKYO (Reuters) -Subway operator Tokyo Metro stated on Friday it plans to checklist on the Tokyo Inventory Trade on Oct. 23, setting the stage for what can be Japan’s largest preliminary public providing (IPO) in about six years.
At Tokyo Metro’s indicative worth of 1,100 yen per share, 319.55 billion yen ($2.25 billion) price of shares will probably be supplied.
Tokyo Metro’s historical past dates again to 1920 with the institution of the Tokyo Underground Railway Firm. Seven years later, it opened Japan’s first subway line, between the Asakusa and Ueno districts of Tokyo.
($1 = 142.1900 yen)
