• Kyodo

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Japan Post Holdings Co. and its banking and insurance units will begin trading on the Tokyo Stock Exchange on Nov. 4, the bourse said Thursday, in what will be the largest initial public offering in the country in nearly 30 years.

Japan Post Holdings, Japan Post Bank Co. and Japan Post Insurance Co. jointly are expected to be valued at ¥12.61 trillion, second only to the ¥24.96 trillion value of Nippon Telegraph and Telephone Corp. at its debut in 1987.

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