Cerberus-Backed Seibu Said to Seek Tokyo Stock Trading
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Seibu Holdings Inc., a Japanese hotel and rail operator part-owned by Cerberus Capital Management LP, plans to list on the Tokyo Stock Exchange as early as April, said three people familiar with the matter.
Tokorozawa City, Japan-based Seibu will submit an application with the bourse as soon as today, said the people, asking not to be identified because the information is private. The company may not raise any money as part of the move, one person said.