SoftBank becomes first Japan firm to forgo IPO price range, keeps view at 1,500 yen

SoftBank chalked up another first in Japan on Friday, setting a single indicative price of 1,500 yen for its telco IPO rather than a price range as usual, pegging the deal at 2.4 trillion yen ($21.16 billion) in the country’s biggest-ever listing.

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Source:: Reuters – Business News