Rakuten Bank amended its IPO filing after investors sought details of troubled parent: report

Rakuten Bank amended its IPO filing after investors sought details of troubled parent: report

A staff of Rakuten Cafe is seen under a logo of Rakuten Inc at a shopping district in Tokyo August 4, 2014. REUTERS/Yuya Shino

Japan’s Rakuten Bank Ltd amended the filing of its $625 million initial public offering (IPO) after investors pushed for details on the risks from its exposure to money-losing parent Rakuten Group Inc, two people said.

Bring stories like this into your inbox every day.

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