JX Advanced Metals’ $2.5 Billion IPO Marks Largest Japanese Listing Since 2018

Pieter Gunst01 mins

In a significant transaction for the Japanese capital markets, a subsidiary of Eneos Holdings, JX Advanced Metals Corporation, has executed an initial public offering (IPO) valued at $2.5 billion on the Tokyo Stock Exchange. This IPO marks Japan’s largest since SoftBank Group’s $21 billion share sale in 2018 and surpasses the $2.24 billion IPO of Tokyo Metro last year. The listing involved legal advisory roles from law firms including Skadden, Arps, Slate, Meagher & Flom, and Nishimura & Asahi. For more details, view the full article here.