Deals
With Year’s Biggest IPO, Japan Seeks to Shake Decades of Woe
- Japan Post's $12 billion Nov. 4 listing largest since Alibaba
- Its `privatization is linked to the real revival of Japan'
An employee picks up mail from an automated sorting machine at a Japan Post Co. post office.
Photographer: Kiyoshi Ota/BloombergThis article is for subscribers only.
As Japan prepares this week to list the biggest initial public offering in the world since Alibaba Group Holding Ltd. in September 2014, it hopes its $12 billion privatization of the postal service will help revive the country from its 20-year slump.