Announced
Synopsis
Sumitomo Mitsui, a Japanese multinational banking and financial services institution, agreed to invest $583m in SBI Holdings, a financial services company group based in Tokyo. The alliance will focus on providing online financial services for individuals including younger and mass-affluent customers, SBI said in a statement. The brokerage will use the funds to repay loans and enhance its fundraising base, which in turn will boost its capacity to do more mergers and acquisitions.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.