Mizuho to Acquire Stake in Rakuten Card
Tokyo, Nov. 13 (Jiji Press)--Mizuho Financial Group Inc. will spend about 165 billion yen to acquire a 14.99 pct stake in Rakuten Card Co., the credit card unit of Rakuten Group Inc. said Wednesday.
Through the tie-up, Rakuten and Mizuho aim to strengthen their credit card operations by utilizing their customer bases.
(2024/11/13-19:43)
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