Daiwa to Buy Orix Bank for $2.3 Billion in Lending Expansion

Daiwa to Buy Orix Bank for $2.3 Billion in Lending Expansion

Daiwa Securities Group Inc. will buy Orix Corp.’s banking unit for ¥370 billion ($2.3 billion), its largest acquisition in almost two decades, as Japan’s second-biggest brokerage deepens its foray into commercial lending.

Original Source

Read the full article at Bloomberg →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.