Japan's anti-monopoly body starts probe into fairness of IPO process - Nikkei
TOKYO (Reuters) - Japan's anti-monopoly body has begun a probe into the fairness of the initial public offering process in the country to check whether companies are adequately financed when listing on the stock exchange, the Nikkei said on Wednesday.
The Fair Trade Commission has sent a survey to around 100 companies that were recently listed through IPOs, the daily newspaper reported.
(Reporting by Eimi Yamamitsu; Editing by Hugh Lawson)
(c) Copyright Thomson Reuters 2021. Click For Restrictions -