Reported 2 days ago
SBI Shinsei Bank, a subsidiary of SBI Holdings, is set to file for a relisting on the Tokyo Stock Exchange as early as next month, aiming to go public again by the end of the year. The move follows a series of high-profile listings in Japan amidst a strong market performance. CEO Yoshitaka Kitao has made this relisting a priority since taking the bank private in 2023. The bank's estimated valuation is around 1.5 trillion yen, and it has enlisted Nomura Securities and Goldman Sachs as joint coordinators for the process.
Source: YAHOO