Japan Post Bank's new stock offering valued at over $9bn

Retail investors are driving force behind massive share sale

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Japan Post Bank's latest stock sale is the first since its 2015 initial public offering. (Photo by Wakako Iguchi)

TAKENORI MIYAMOTO, Nikkei deputy editor

TOKYO -- Japan Post Bank's secondary stock offering has been priced at 1,131 yen a share, parent Japan Post Holdings said Monday, bringing the total value of the sale to 1.23 trillion yen ($9.24 billion).

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