NTT completed the acquisition of 8.18% stake in SBI Holdings.

NTT, a provider of a variety of telecommunication services, completed the acquisition of 8.18% stake in SBI Holdings, a financial services company for $766m. "Aiming to create new value and realize a sustainable society, through this capital and business alliance, SBI Holdings and SBI Securities will combine the strengths of both groups to quickly and appropriately respond to diversifying customer needs in a rapidly evolving digital society. By providing innovative services to the market in various fields, with a focus on the financial sector, SBI Holdings will contribute to the development of society and improved customer convenience."