Machinery Maker DMG Mori Seeks $300 Million in Japan Share Sale
AI Summary
Japanese machinery maker DMG Mori Co. plans to raise approximately $300 million through a share sale targeting overseas markets. The move reflects strong global investor appetite for Japanese stocks amid favorable market conditions.
DMG Mori Co. is aiming to raise ¥48.2 billion ($302 million) through the sale of new shares in the overseas markets as global investors show solid appetite for the nation’s stocks.