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Japan to sell $12 billion of Japan Post Holdings, growth potential...

www.reuters.com
“The company lacks growth potential appeal,” said Kazuo Okabe, general manager at Fukoku Capital Management. “I don't think there will be strong demand from actively managed funds.” Japan Post, with 24,000 post offices and 400,000 employees, has spent the internet age minimizing the impact of a ...

Japan’s govt to sell $12bn worth stake in Japan Post

www.gulf-times.com
Japan’s government yesterday said it will sell $12bn worth of Japan Post Holdings stock in an announcement that fund managers gave a tepid reception, saying

UPDATE 2-Japan govt launches $12 bln follow-up sale of Japan Post...

www.kitco.com
"The company lacks appeal in growth potential. I don't think there will be strong demand from actively managed funds," said Kazuo Okabe, general manager at Fukoku Capital Management. The price will be determined between Sept. 25 and Sept. 27, the filing showed. Japan Post also said it will buy back ...
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