MUFG, Mizuho banks sell 160 bln yen worth of Japan Post shares to individuals

November 11, 2015 6:43 AM

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TOKYOBanks under Mitsubishi UFJ Financial Group Inc and Mizuho Financial Group Inc sold a total 160 billion yen ($1.3 billion) of shares to individual investors in the Japan Post triple IPO, sources with knowledge of the matter said.

Last week, the government raised 1.4 trillion yen through the initial public offerings of Japan Post Holdings Co, Japan Post Insurance Co and Japan Post Bank Co .

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