NEC Capital Solutions to Acquire ORIX Asset Management for 18.2 Billion yen

MT Newswires Live
04-29

NEC Capital Solutions (TYO:8793) said its subsidiary, RISA Partners, will acquire ORIX Asset Management & Loan Services and seven other firms for 18.2 billion yen, according to a Monday filing on the Tokyo Stock Exchange.

The deal aims to enhance business opportunities by combining expertise in non-performing loans and asset management.

RISA Partners will acquire 10,000 shares, gaining full control. The transfer is scheduled for July 1.

Price (JPY): $3975.00, Change: $+200, Percent Change: +5.30%

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