Japan Post sells $2.9 billion shares in insurance unit at bottom of range – filing

FILE PHOTO - A man holding an umbrella is reflected in the logo of Japan Post Group at its headquarters in Tokyo February 18, 2015. REUTERS/Yuya Shino

TOKYO (Reuters) – Japan Post Holdings Co on Monday priced a share sale of its insurance business at the bottom of an expected range, a filing showed, raising $2.9 billion in the sale. Japan Post sold 136.7 million share at 2,375 apiece, the insurance company said in a filing, representing a 4 percent discount from […]

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