Dentsu sets IPO price range, market cap to reach ¥584bn
Dentsu, one of the world's largest advertising agencies, set a tentative price range for an initial public offering last Friday of ¥380,000-¥420,000,
giving the company a market capitalisation of up to ¥584bn ($4.8bn).
Dentsu management and lead banks Nomura, Merrill Lynch and UBS Warburg set the range last
...
Already a subscriber? Login
Further Reading
-
IPOs
European ECM suffers as US sell-off continues
-
Africa
'Everything else is secondary' to debt transparency as Zambia-IMF talks extended
-
Market News
China policy and markets round-up: CBIRC chief warns against inflow risks, issuers move to exchange market for carbon neutrality bonds
-
Regulation & Policy
Two Sessions special: China takes cautious approach to 2021 GDP growth, cuts budget deficit target and local government bond quota