
DCM set for partial exit from Japan's Freee

Tokyo-listed accounting software provider Freee is set to raise up to JPY42.5 billion ($391 million) through an offering of new shares and the sale of shares held by DCM Ventures.
Overseas investors will be offered 4.6 million new shares, while 481,800 existing shares will be sold. The company's stock fell 11% following the announcement to as low as JPY9,090 before closing on March...
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