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%