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Japan Display Prices Initial Share Sale at Bottom of Range

Japan Display Inc., a supplier of screens for Apple Inc. devices, and its investors will raise about 318.5 billion yen ($3.1 billion) after pricing its initial public offering at the bottom of the range.

Japan Display sold shares at 900 yen a piece, according to a statement to the Japan’s Finance Ministry. The company sold 140 million new shares and investors including Sony Corp. offered 213.9 million existing shares, according to the filing.