• Kyodo

  • SHARE

Shinsei Bank said Thursday major online financial firm SBI Holdings Inc. has failed to give a sufficient explanation on events leading up to its abrupt launch of an unsolicited takeover bid for the bank.

Shinsei Bank has yet to clarify its stance on the planned takeover but pointed out in a statement addressed to shareholders that some information given by SBI is “inaccurate” or “insufficient.”

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)