Japan: Secondary follow-on of Amvis Holdings to raise JPY34.2bn

Two shareholders of Amvis Holdings, a fast-growing operator of hospice-type, disability nursing facilities, are selling 10 million shares to raise JPY34.2bn (US$255.1m) through a secondary follow-on offering. IFR reports that the secondary shares will be placed at an indicative discount range of 3%–5% to the market close on the pricing day. Some 30% will be…

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