Rakuten sets price for public offering at 566 yen per share (updated)
24/05/2023 08:41
(Adds details of filing)
TOKYO, May 24 (Reuters) - Japan's Rakuten Group Inc
4755.T set the price for its public offering and third-party
allotment of new shares at 566 yen ($4.19) per share, a
regulatory filing showed on Wednesday.
Rakuten said it will raise as much as 294.2 billion yen
via a public offering and through allocations to founder and CEO
Hiroshi Mikitani, his asset management firm, CyberAgent Inc
4751.T and Tokyu Corp 9005.T .
($1 = 135.0500 yen)
(Reporting by Mariko Katsumura and Sam Nussey; editing by Jason
Neely and Toby Chopra)
((sam.nussey@tr.com;))