JAL IPO expected to raise up to $8.4 billion

Japan Airlines 787. Courtesy, Boeing Japan Airlines (JAL) has tentatively set the price for its initial public offering (IPO), scheduled for Sept. 19, at between ¥3,500 ($44.5) and ¥3,790 per share, according the multiple reports from Tokyo. With 175 million shares [corrected] to be sold, JAL...

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