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JXAM's $3 Billion IPO: Japan's Largest in 7 Years

  • JX Advanced Metals (JXAM), a unit of Eneos Holdings, received approval for a $3 billion IPO, the largest in Japan since 2018.
  • The tentative share price is set at 862 yen, with final pricing on March 10 and listing on March 19.
  • Eneos plans to sell 465.2 million shares, using proceeds for growth investments and shareholder returns.

Source: Channel Newsasia, Channel Newsasia

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