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SoftBank's recent IPO soars to second place ever

SoftBank’s IPO of mobile division stationed in Japan receives $23.5 bln, becoming the largest but one in history. The company decided to up by 160 mln the count of shares for sale as demand for them was so high.

A single share was set a price of 1,500 yen or $13, with the overall sum raised reaching 2.65 tln yen or $23.5 bln, today’s report from the tech firm said.

This is the all-time top IPO for Japan, while globally it takes the second position below Alibaba with a record $25 bln it raised through a listing in NY four years back, shows the data from Dealogic.


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