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Business

Japan's Suntory mulling IPO

TOKYO -- Suntory Holdings, one of the nation's biggest privately held companies, will consider going public as early as 2018 to pay down its bulging debt and raise growth capital, The Nikkei has learned.

     The company will decide as early as this year whether to launch an initial public offering, which will likely value it at some 3 trillion yen ($24.3 billion). It has opened itself up to IPO proposals from financial institutions. Its brands include Yamazaki whiskey and Jim Beam bourbon.

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