• Kyodo


Nomura Holdings Inc. has approached major private equity firms about the possible sale of affiliated noncore domestic businesses that could help it shore up its capital base, the Financial Times reported.

The brokerage group has held preliminary talks with parties including U.S. investment funds KKR and TPG concerning the sale of Nomura Real Estate Development Co. and Nomura Research Institute Ltd., although no formal auction process has taken place, the British newspaper reported Wednesday, citing unnamed sources.

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