The Traderszone Network

Published in TZ Latest News 6 October, 2014 by The TZ Newswire Staff

Japan listings get bullish sign as Recruit sets IPO price

Japan’s largest recruitment company Recruit Holdings Co Ltd priced its $2 billion initial public offering at 3,100 yen, the top of its bookbuilding range, raising expectations of strong demand that could break a run of flops among big Tokyo listings. The range of 2,800 to 3,100 yen, set last week, had already suggested a more bullish stance than the initial indicative price of 2,800 yen for Japan’s second-biggest listing of the year. Investors see the company’s Oct.

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