Tokyo Metro said to be raising $2.3b in Japan's biggest IPO in six years

Tokyo Metro said to be raising $2.3b in Japan's biggest IPO in six years

FILE PHOTO: Tokyo Metro's logo is pictured at Kasumigaseki station in Tokyo, Japan, Aug. 15, 2024. REUTERS/Miho Uranaka/File Photo

Tokyo Metro is expected to raise 348.6 billion yen ($2.3 billion) after pricing its initial public offering at the top end of its range, according to two sources familiar with the matter, in the largest IPO in Japan for six years.