J Trust to acquire a 85% stake in Nexus Bank for $52m.

Synopsis

J Trust, an Indonesian bank, agreed to acquire a 85% stake in Nexus Bank, a provider of investment banking services, for $52m. The acquisition aims to provide comprehensive financial services centered on the collection and collection business.

Principals

target

Nexus Bank

bidder

J Trust

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Market Context

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Seller Team (1)

keiichi yamaguchi

President at NEXUS BANK

Manager

target

Deal

£ 40 M

Total Value

Bidder Team (1)

joji eguchi

President and CEO at J TRUST

Manager

bidder

Deal

£ 40 M

Total Value

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