ECONOMIC INTERPENETRATION / (eu) privatisation

- Japan: Japan and nine electricity distribution groups will be selling 100% of the largest wholesaler in Japan, ELECTRIC POWER DEVELOMENT CO (J-POWER). The former controls 83% of the capital in this company and the other groups control 17%. This transaction, which constitutes, the biggest flotation on the Japanese stock market since 1998 could earn up to YEN 371 bn. Around 104.1 million shares will be sold in Japan and the remaining 34.7 million will be offered to foreign investors. Shares...