Smfg of Japan Ready to Make Hostile Bid for Rival ; in Brief
Evening Standard - London › August 31, 2004
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Summary
SUMITOMO Mitsui Financial Group, Japan's third-biggest bank, is prepared to make a hostile bid for up to 51% of smaller rival UFJ Holdings, according to reports.
SMFG is said to be ready to make the bid if UFJ continues to reject its existing offer and instead accepts a merger from secondranked Mitsubishi Tokyo Financial Group.See the full content of this document
Extract
Smfg of Japan Ready to Make Hostile Bid for Rival ; in Brief
Premier seeks support for squeeze-hit private firms
CHINESE Pre...See the full content of this document
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