Mebuki Financial Group Inc (7167.T)
24 Nov 2017
Latest Key Developments (Source: Significant Developments)
Rating and Investment Information, Inc.: Rating and Investment Information, Inc. (R&I) affirmed Mebuki Financial Group, Inc.'s rating at "A" – R&I .Rating outlook stable– R&I. Full Article
Ashikaga Holdings Co Ltd <7167.T> : Says stake held by co's top shareholder, a Tokyo-based investment firm, will be diluted to 10.47 percent from 36.87 percent . Says stake held by co's second major shareholder ORIX Corp, will be diluted to 3.40 percent from 12.00 percent, and ORIX will be the third major shareholder after transaction .Says changes will occur on Oct. 1, as the result of full acquisition of Joyo Bank Ltd via stock swap. Full Article
Ashikaga Holdings <7167.T>: Says Rating and Investment Information, Inc. (R&I) raised the company's issuer rating to "A" from "A-" .Says rating outlook stable. Full Article
Ashikaga Holdings Co Ltd:Appoints Joyo Bank Ltd's current president as president of the company after the business integration which effective since Oct. 1.Ashikaga Holdings Co Ltd's current president Matsushita Masanao will be the vice president.Says Ashikaga Holdings Co Ltd's current chairman of the board, Satoshi Fujisawa, will resign from the position.Says the changes will occur on Oct. 1. Full Article
TOKYO A proposed merger between two banks in southern Japan will likely be delayed for a second time over monopoly concerns, sources said, highlighting the difficulty regional banks face in trying to consolidate to survive the shrinking market.