Deals
Japan Airlines Initial Share Sale Priced at Top of Range
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Japan Airlines Co.’s parent priced a 663 billion yen ($8.5 billion) initial public offering in the carrier at the top of a range after record earnings lured investors to the biggest IPO since Facebook Inc.
The stock price was set at 3,790 yen, according to a regulatory filing today. Shares in the Tokyo-based carrier will begin trading on the city’s stock exchange Sept. 19.