Nomura Holdings In Final Talks To Buy NikkoCiti Trust -Source
2009年7月1日 - 11:48AM
Dow Jones News
Nomura Holdings Inc. (8604.TO) is in final talks to buy
Citigroup Inc.'s (C) Japanese trust banking unit for about Y20
billion, a person familiar with the transaction said Wednesday.
The acquisition by Nomura Trust and Banking Co., a unit of
Japan's largest brokerage by assets, is likely to be announced
later today, the person said.
Mitsubishi UFJ Trust & Banking Corp. attempted to buy the
unit for Y25 billion in May, but the deal fell apart after it
failed to buy Nikko Cordial, Citigroup's Japanese brokerage
operations. Instead,Citigroup agreed in May to sell Nikko Cordial
Securities and most of Nikko Citigroup to Sumitomo Mitsui Financial
Group (8316.TO), Japan's third-biggest bank by assets, for $5.6
billion.
-By Tor Ching Li, Dow Jones Newswires; 813-6895-7567,
chingli.tor@dowjones.com