date:Jun 25, 2013
ment. That would be more than double the $2.1 billion raised by the infrastructure fund of Thailand's BTS Group Holdings Pcl, which has been the biggest IPO in Asia so far this year.
At that price, it would give Suntory Beverage a market capitalisation of 1.17 trillion yen, behind Kirin's 1.6 trillion yen and Asahi Group Holdings' 1.2 trillion yen.
OVERSEAS EXPANSION
Privately held Suntory Holdings is led by President Nobutada Saji, the 67-year-old grandson of the company's founder. Although