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(Update) NTT Docomo Eyes SBI Sumishin Net Bank Acquisition

(Update) NTT Docomo Eyes SBI Sumishin Net Bank Acquisition

A logo of SBI Sumishin Net Bank
A logo of SBI Sumishin Net Bank

   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 to make the bank a consolidated subsidiary, in order to enter the banking industry, informed sources said.

(2025/05/29-11:58)

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AFP-JIJI PRESS NEWS JOURNAL

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