SBI CEO says worth pursuing option to take Shinsei private to return public funds By Reuters

December 22, 2021 admin Stock News 0

© Reuters. FILE PHOTO: SBI Holdings CEO Yoshitaka Kitao speaks during an interview with Reuters in Tokyo, Japan July 7, 2020. REUTERS/Junko Fujita

TOKYO (Reuters) – SBI Holdings Inc Chief Executive Yoshitaka Kitao said on Wednesday it’s worth pursuing the option of taking Shinsei Bank Ltd private to return public funds totalling 350 billion yen.

Kitao made the comment after the online financial conglomerate completed a tender offer for Shinsei Bank, raising its stake in the mid-sized lender to 47.77% from about 20%.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.


*