Photographer: Kiyoshi Ota/Bloomberg

With Year’s Biggest IPO, Japan Seeks to Shake Decades of Woe

Updated on
  • Japan Post's $12 billion Nov. 4 listing largest since Alibaba
  • Its `privatization is linked to the real revival of Japan'

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.

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