SBI Holdings to buy more Shinsei Bank shares through tender offer

Nikkei Asia | Sept. 9, 2021, 4 a.m. | Original

TOKYO -- Japanese financial group SBI Holdings said on Thursday it has decided to increase its stake in Shinsei Bank through a takeover bid. SBI already holds a stake of over 19% in the bank. Depending on Shinsei Bank's response, the TOB could turn hostile.

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