Suntory Beverage debuts on TSE in Asia's biggest IPO this year
Kyodo -- Jul 03
Suntory Beverage & Food Ltd., the soft drink unit of the Suntory group, debuted Wednesday on the Tokyo Stock Exchange in Asia's largest initial public offering this year.

The stock ended the morning session at 3,165 yen, compared with the company's offering price of 3,100 yen per share.

The IPO will enable the drinks firm to procure some 390 billion yen, which the company is planning to use to finance mergers and acquisitions overseas.

Source: Kyodo
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