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What will be the valuation of the Tokyo Metro IPO by October 31, 2024?
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Resolution / Starting Odds
Below $4 billion • 25%
$4 billion to $4.7 billion • 25%
$4.7 billion to $5 billion • 25%
Above $5 billion • 25%
Official IPO filings, financial news outlets like Bloomberg or Reuters
Story
Japan Targets $4.7 Billion IPO for Tokyo Metro by October-End
Aug 19, 2024, 02:50 AM
Japan's national and Tokyo governments are preparing to list Tokyo Metro with a targeted valuation of $4.7 billion. The initial public offering (IPO) is expected to take place as early as the end of October, marking the largest IPO in Japan in approximately six years. This move is part of a broader strategy to privatize the subway operator, potentially transforming the landscape of public transportation in the country.
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