Dentsu sets IPO price range, market cap to reach ¥584bn

09 Nov 2001

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 ...

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