Japan's national and Tokyo governments are seeking a 700 billion yen ($4.7 billion) valuation for Tokyo Metro

  • Preparing to list the subway operator as early as October-end

Info via Reuters citing three unnamed sources

  • would be Japan's biggest IPO in roughly six years
  • the two governments own 100% of Tokyo Metro
  • meeting of brokerages planned within a week
  • half the company to be sold
Japan subway 2