HONG KONG : Japan’s Rigaku, which makes X-ray testing tools, is aiming to raise up to $888 million in its initial public offering in Tokyo, according to a term sheet reviewed by Reuters.
Rigaku, owned by private equity firm Carlye Group, is eyeing a market value of $2 billion after the offering, the term sheet said.
Rigaku is planning to start bookbuilding on Oct. 10 and debut on Oct. 25, the term sheet said.
