D. Western prices IPO

D. Western Therapeutics Institute Inc. (Nagoyashi, Japan) raised Y870 million ($9.7 million) through the sale of 3 million at Y290 in an IPO underwritten by Nomura; Mitsubishi UFJ; Takagi; SBI Securities; Tokai Tokyo; Mizuho; Citigroup Global Markets Japan; Ichiyoshi; and Mizuho Investors. The price was at the high end of the proposed Y280-Y290 range and values the company at Y4.8 billion ($53.8 million). Listing of the shares is expected on Oct. 23. ...