Net Protections Holding IPO Lock-Up - PE Owner Is Free to Shed Its Remaining Stake
Net Protections, a buy now pay later service provider, raised around US$570m via selling a mix of primary and secondary shares in its Japan IPO in...
361 Views
Rakuten (Neutral) - Follow up After Results: Mobile Issues Far from Over
Elevated network costs hamper Rakuten's ability to go out and get new subscribers as it could drive operating losses higher. Meanwhile, the...
477 Views
Daiei Kankyo IPO - Final Thoughts on Valuation
Daiei Kankyo (9336 JP) (DK), a waste management company, aims to raise around US$314m in its Japan IPO. In this note, we talk about valuations.
459 Views
Nomura Research Placement - Somewhat Well Flagged, past Deals Have Done Well but Momentum Is Weak
Nomura Holdings (8604 JP) and Jafco Co Ltd (8595 JP) are looking to raise around US$850m via selling 5.7% of Nomura Research Institute Ltd (4307 JP).
520 Views
Rakuten - Sale of Stake in Securities Business Eases Funding Pressure
Surfacing fintech value is positive and a direct sale eliminates exposure to fickle public markets but proceeds are likely for the mobile losses...
351 Views