GMO and Aozora Bank Disclose Share Transfer for Joint Venture Internet Bank
Posted: Wed Jul 20, 2016 10:25 am
GMO CLICK Holdings, Inc. (TYO:7177) has executed a share transfer agreement with GMO Internet, Inc. (TSE1:9449), acquiring a portion of the GMO’s Aozora Trust common shares. The step comes in the context of the initial alliance announced last June between GMO Internet, Inc. Aozora Bank, Ltd. (TYO:8304) and Aozora Trust Bank, Ltd regarding the joint establishment of an internet bank, according to an official statement.
GMO Internet Group, headquartered in Tokyo, is a comprehensive internet services group operating in many business segments including online advertising and media, internet infrastructure, internet securities and mobile entertainment. GMO CLICK HD and GMO CLICK Securities ... (read more)