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NTT Docomo Eyes SBI Sumishin Net Bank Acquisition

NTT Docomo Eyes SBI Sumishin Net Bank Acquisition

NTT Docomo's logo, pictured in Tokyo on April 4
NTT Docomo's logo, pictured in Tokyo on April 4

   Tokyo, May 29 (Jiji Press)--Japanese mobile phone carrier NTT Docomo Inc. is planning an acquisition of online lender SBI Sumishin Net Bank, it was learned Thursday.
   NTT Docomo hopes to take around two-thirds of SBI Sumishin's shares through a tender offer in order to start banking business, informed sources said.

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AFP-JIJI PRESS NEWS JOURNAL


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