LY Corp. (TYO:4689) said its food-focused subsidiary dely inc. will list on the Tokyo Stock Exchange Growth Market on Dec. 19, according to a Thursday filing on the Tokyo Stock Exchange.
Dely has received approval from the Tokyo Stock Exchange for the proposed listing. Dely, known for services like kurashiru, aims to improve autonomy and funding through the listing. LY Corp. will retain a 56.27% stake post-listing.
Price (JPY): $418.40, Change: $+4.3, Percent Change: +1.04%
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