Japan Post says it is considering various options after report of JP Bank share sale
21/02/2023 23:53
TOKYO, Feb 22 (Reuters) - Japan Post Holdings Co
6178.T said on Wednesday it was planning various options,
after Reuters reported on Tuesday the company was mulling
selling its Japan Post Bank Co 7182.T stake worth nearly $9
billion by the end of March.
"The company is considering various options from the
perspective of capital policy, but there is no truth that we
have decided whether to conduct the reported measure, the scale
or the timing of it," Japan Post and Japan Post Bank said in
separate statements.
"We will make a formal announcement as soon as any decision
is made," they said.
(Reporting by Kantaro Komiya
Editing by Chris Reese)
((Kantaro.Komiya@thomsonreuters.com; Twitter: @kantarokomiya;))