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Otsuka nets Yen198.6bn via its IPO on the Tokyo Stock Exchange
27 Apr 2012
Executive Summary
Otsuka Holdings Co. Ltd., the diversified parent company of Otsuka Pharmaceutical Co. Ltd., has raised Yen198.6bn ($2.3bn) through its oversubscribed initial public offering of 90mm shares at Yen2,100 ($25.16), the lower end of its Yen2,000-2,400 range. About 60% of the shares were sold to overseas investors. Otsuka will trade on the First Section of the Tokyo Stock Exchange.
Deal Industry
- Diversified
- In Vitro Diagnostics
- Pharmaceuticals
Deal Status
- Final
Deal Type
-
Financing
- IPO
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Otsuka nets Yen198.6bn via its IPO on the Tokyo Stock Exchange
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