Socionext Placement - A US$1.8bn Cleanup, Will Have to Give up Some of Its 6x Listing Gains
Three shareholders of Socionext (6526 JP) aim to raise around US$1.8bn via selling shares in Socionext. In this note we talk about the deal...
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Rakuten Bank IPO - Lower Range Makes It Even More Attractive
Rakuten Bank (5838 JP), the online banking arm of Rakuten (4755 JP), aims to raise up to around US$630m in its Japan listing in April 2023.
719 Views
Nexon - Founder Kim Jung-Ju Passes, Raises Question if Nexon Deal Is Back In Play
Nexon's founder Kim Jung-ju has passed away. This raises the question of the disposition of the 47+% stake belonging to his holding company NXC. If...
518 Views
MS&AD Cross-Shareholding - At Least US$20bn of Cross-Shareholding to Sell
The FSA has asked general insurers to trim their cross-shareholding. MS&AD (8725 JP) had a stake over US$100m in at least 29 listed Japanese...
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Trial Holdings Pre-IPO -Thoughts on Valuation
After having cancelled its listing plans last year, the company is now looking to launch a smaller IPO of around US$250m, as per media reports.
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