Kokusai Electric IPO: The listing was set to be worth at least 108 billion yen (USD 721 million), with its parent US investor KKR selling 58.8 million of the firm s shares for the initial offering price of 1,840 yen each.
Kokusai Electric: Kokusai had priced its shares at 1,840 yen in the largest Tokyo listing since telco SoftBank Corp went public in 2018, providing a partial exit for KKR, which has cut its stake to 47.7% from 73.2% without overallotment.
KKR Poised for Kokusai Payoff With Biggest Japan IPO Since 2018 bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.