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New Deal


Announced

Completed

SBI Holdings completed the acquisition of a 28% stake in Shinsei Bank for $1bn.

Financials

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Transaction Value£726m
Consideration TypeCash
Capital Owned20%
Capital Bid For28%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Synopsis

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SBI Holdings, a financial services group, completed the acquisition of a 28% stake in Shinsei Bank, a commercial bank, for $1bn. SBI aims to become Japan’s fourth largest banking group and already owns the country’s largest online brokerage, an online bank and an asset manager. It has been taking stakes in smaller lenders to create a nationwide network.

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