FineToday Selects Banks for Upcoming Tokyo IPO

Reported 20 days ago

FineToday Holdings Co., a Japanese personal-care company, has chosen banks led by Daiwa, Mizuho, SMBC Nikko, and UBS to assist in a potential IPO by year-end, aiming to raise up to $1 billion. The company, which emerged from a spin-off of Shiseido's personal-care division in 2021, is seeking a valuation of $2 billion to $3 billion for the public offering, although final details are yet to be determined.

Source: YAHOO

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