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Chiba Bank completed the acquisition of a 19.97% stake in Chiba Kogyo Bank from Ariake Master Fund for JPY23.7bn.

Synopsis

Chiba Bank, a regional banking institution in Japan, completed the acquisition of a 19.97% stake in Chiba Kogyo Bank, a Chiba-based regional bank, from Ariake Master Fund, a Cayman Islands-based investment fund, for JPY23.7bn. The deal, finalized on 28 March 2025, aligns with Chiba Bank's mid-term strategy to enhance its corporate value and maintain the sound functioning of the regional financial system.

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