TOKYO, April 7 Japan's Seibu Holdings has
delayed an announcement on its initial public offering price
guidance by two days - until Wednesday - as it needs further
time to gauge demand before setting the price range, a source
familiar with the matter said on Monday.
Seibu, a railway and property conglomerate, had initially
said in a filing that it would issue the price range on Monday.
Sources had said earlier that a tentative price was set at
2,300 yen per share, valuing the IPO at 186 billion yen ($1.80
billion) and the entire company at 787 billion yen.
($1 = 103.5750 Japanese Yen)
(Reporting by Emi Emoto; Writing by Dominic Lau; Editing by