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SoftBank’s PayPay prices IPO below range at $16 a share

Visa, the Abu Dhabi Investment Authority and a subsidiary of the Qatar Investment Authority are anchoring the IPO by purchasing up to $220m of PayPay’s shares upon debut SoftBank Group-backed PayPay on Wednesday priced its US initial public offering  (IPO) at $16 per share, below its targeted price range, as…

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