Deals
Japan Post Shares Surge 26% in the Biggest IPO of 2015
- Insurance unit soars 56% after Japanese flocked to triple IPO
- Sale is culmination of 10-year drive to privatize post service
Japan Posts $12 Billion IPO in Debut
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Japan Post Holdings Co. and its two financial units jumped on debut in Tokyo trading after investors flocked to the group’s $12 billion initial public offering.