JAL to re-list

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JAL to re-list

Thursday, June 21, 2012

Japan's Japan Airlines is to apply to re-list its shares after raising about US$8 billion in an initial public offering.

The carrier was bankrupted in 2010, but now is reporting record profits.

It will seek to raise JPY600 to JPY700 billion (US$7.6 billion to US$8.9 billion).

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