Tokyo Metro on Market Fast Track With 45% Jump in Debut
TOKYO (Reuters) -Tokyo Metro's shares shot up 45% in their market debut on Wednesday after Japan's largest initial public offering in six years bagged it $2.3 billion with the lure of sizeable dividends. Shares closed at 1,739 yen ($11.43) giving Tokyo Metro, one of the capital's two major subway operators, a valuation of roughly 1 trillion yen.
Tokyo Metro’s share rose almost 45% on Wednesday after a stellar IPO making it Japan's largest six years and raised $2.3 ...
With over 80% of its operating profit coming from carrying passengers on trains, critics are concerned about its nonrailway ...
AFP on MSN1d
Tokyo Metro: Asia's oldest subway to go publicEvery day six and a half million people ride Tokyo Metro's nine lines, part of a dizzyingly complex transport network serving ...
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