September 15, 2021
by Akane Hashimoto
by Akane Hashimoto
Period : September 8, 2021 – September 9, 2021
Category : [Business]
-Policies and business activities related to Japan investment opportunities-
● Japan’s SBI makes hostile $1.1bn move on rival Shinsei
● SBI Holdings seeks up to 48% stake in Shinsei Bank in tender offer
● Japan’s SBI Holdings to unveil tender offer for Shinsei Bank -Yomiuri
> “This was quite a surprise. Shinsei still bear government capital that needs to be paid back. They have strengths in non-bank business. Not sure how SBI is willing to collaborate with them.”
● PayPal acquires Japan’s Paidy for $2.7B to crack the buy now, pay later market in Asia