Japan Mulls Allowing Blank-Check Company Listings, Nikkei Says
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Japan is considering changing its rules to allow initial public offerings by blank-check companies in the country, according to the Nikkei.
The country’s Financial Services Agency, its Ministry of Economy, Trade and Industry and the Tokyo Stock Exchange will begin discussions this summer, the paper reported, without saying where it obtained the information. The cabinet plans to include the issue in its growth strategy plan in June, it said.