TOKYO :Shares of Rakuten Bank Ltd surged by more than a third 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 fetching 1,914 yen in Tokyo after spending the first hour of the morning session untra
TOKYO :Shares of Rakuten Bank Ltd surged by more than a third 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.
Japan's largest internet bank by number of accounts priced the 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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