HOME > BUSINESS > Article

Text Size

small

medium

large


Daiwa Securities to Acquire Additional Stake in Aozora Bank

Daiwa Securities to Acquire Additional Stake in Aozora Bank

   Tokyo, June 11 (Jiji Press)--Daiwa Securities Group Inc. said Tuesday that it will acquire an additional stake of about 9 pct in Aozora Bank from City Index Eleventh, an investment fund linked to activist investor Yoshiaki Murakami, and his eldest daughter, Aya Nomura.
   The Japanese securities house is expected to spend about 25 billion yen on the acquisition, people familiar with the matter said.

To read a full story, please click here to find out how to subscribe.

BUSINESS

HEADLINES

POLITICS
Iran, Bahrain Agree to Start Talks on Restoring Bilateral Diplomatic Relations
ECONOMY
Japanese Labor Ministry Panel to Begin Talks on FY 2024 Minimum Wages on Tuesday
SPORTS
MLB: Blue Jays' Yusei Kikuchi Suffers 7th Loss of Season, Allowing 4 Runs
OTHER
Japan Advisory Panel Calls for Designating Fukui Cave as Special Historic Site

AFP-JIJI PRESS NEWS JOURNAL


Photos