TOKYO : Shares of Rakuten Bank Ltd were untraded with a glut of buy orders in their market debut on Friday, after the internet bank raised $625 million in Japan's largest initial public offering (IPO) in more than four years.Shares were flooded with buy orders at 1,470 yen, Tokyo Stock Exchange data showe
TOKYO : Shares of Rakuten Bank Ltd were untraded with a glut of buy orders in their market debut on Friday, after the internet bank raised $625 million in Japan's largest initial public offering in more than four years.
Rakuten Bank priced its IPO at the top of its downsized range this month, raising around 83.3 billion yen , excluding a"greenshoe" option of additional shares.
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