Business Services Industry
Softbank Investment Corp. Eyes M&A Tie-Ups with Foreign Firms.
Knight Ridder/Tribune Business News, October, 2003
Kyodo News International, Tokyo Knight Ridder/Tribune Business News
Oct. 30--TOKYO--Softbank Investment Corp. plans to conclude M&A brokerage deals with Chinese and British securities companies, the Nihon Keizai Shimbun reported Thursday.
The report said Softbank Investment will tie up with Tianyi Securities Co. of Shanghai, which has 24 sales offices and mainly underwrites initial public offerings.
The company will also tie up with Shield Advisory Services Ltd. of Britain, an M&A brokerage specializing in the biotechnology field, the Nihon Keizai said, adding the plan also calls for Tianyi Securities and Shield Advisory to tie up to forge a three-way partnership.
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