Japan’s SMFG wants to buy a 10% share in SBI for $443 million
Sumitomo Mitsui Financial Group (SMFG) is in talks to acquire 10% of SBI Holdings Inc. Deal likely worth over 60 billion yen ($443 million), Nikkei reports. SBI says it is exploring opportunities to partner with SMFG, including through a capital tie-up. Japan’s Sumitomo Mitsui Financial Group (SMFG) Inc (8316.T) is in conclusive discussions to procure … Read more