Fukuoka Financial Group Inc (8354.T)
Latest Key Developments (Source: Significant Developments)
Oct 30 (Reuters) - Fukuoka Financial Group Inc <8354.T>:Says it will integrate business with Eighteenth Bank Ltd <<<8396.T>>>.Says it will fully acquire Eighteenth Bank Ltd through stock swap, effective April 1, 2019 .One share of Eighteenth Bank Ltd's stock will be exchanged with 1.12 shares of the company .19.2 million shares of the company's stock will be exchanged.Eighteenth Bank Ltd's stock will delist from Tokyo Stock Exchange on March 27, 2019. Full Article
TOKYO Japan's Shinwa Bank and Eighteenth Bank Ltd have decided to postpone their planned merger by six months, saying they wanted to bring the dates of their merger and systems integration closer together to avoid complications for customers.