Rakuten-backed Base Food is set to list on TSE’s Growth Market in an IPO valuing it at $329m while Mitsui was part of a $400m round for Yellow Door Energy.

Public markets

Base Food, the Japan-based nutritious bread and pasta brand backed by ecommerce firm Rakuten, has been approved to list on the Tokyo Stock Exchange’s Growth Market on November 15 in an initial public offering valuing it at ¥48.3bn ($329m). It is set to offer some 2.7 million shares with an additional 961,000 set aside for the greenshoe option. Mitsubishi UFJ Morgan Stanley Securities is…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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