Japan Post firms open sharply higher after $12 bln triple IPO

November 4, 2015 12:49 AM

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TOKYO Nov 4 Shares of Japan Post Holdings Co and Japan Post Bank Co soared on debut on Wednesday after the country's biggest privatisation since the 1980s raised 1.4 trillion yen ($11.6 billion) for the government.

Japan Post Holdings debuted at 1,631 yen per share, 16.5 percent higher than its initial public offering price of 1,400 yen.

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