TOKYO -- JX Advanced Metals announced Tuesday that it has applied to list its shares on the Tokyo Stock Exchange, a debut that is expected to value the metal supplier at more than 700 billion yen ($4.72 billion).
IPO
JX Advanced Metals seeks TSE debut for estimated $4.7bn market cap
Japan metal supplier's IPO could exceed Tokyo Metro's debut of around $4.4bn
JX Advanced Metals controls a 60% global market share in sputtering targets, a chipmaking material. (Photo by Yuji Ohira)
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