Japan said planning to seek $5b from Kyushu Rail IPO

Japan said planning to seek $5b from Kyushu Rail IPO

Japan’s government plans to privatize Kyushu Railway Co. through a share sale that may fetch about 500 billion yen ($5 billion) in what would be the nation’s biggest initial public offering this year, according to people with direct knowledge of the matter.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter