Channel NewsAsia
Channel NewsAsia
AsiaPac · 1 hrs ago

Exclusive-JERA begins study on US listing as it steps up overseas expansion, sources say

TOKYO, July 17 : JERA, Japan's biggest power generator, has begun a feasibility study for a U.S. listing as it explores means of expanding overseas and broadening funding options, said three people familiar with the matter.The unlisted company, owned by Tokyo Electric Power and Chubu Electric Power, has long viewed the Tokyo Stock Exchange as its primary listing option but is now exploring ways to deepen engagement with global investors as it accelerates its international expansion, the people said.JERA has started examining U.S. market conditions, investor demand and regulatory requirements, said two of the people, who all declined to be identified as the matter is confidential.The study is at an early stage and JERA has not made any decisions on details such as timing of an initial publi
Channel NewsAsia
Do you trust Channel NewsAsia?
Sign in to rate
Discussion
?

No comments yet — be the first to start the discussion!