Sumitomo Mitsui Banking Corporation to acquire 33.71% stake in YES Bank, triggering open offer for shareholders.

Monroe Capital, Sumitomo Mitsui Banking Corporation (SMBC) and MA Asset Management (part of MA Financial Group) announced the formation of a new joint venture (“JV”), which will invest up to US$1.7 ...

Japan’s Sumitomo Mitsui Banking Corporation is likely to pick up 51% stake in Yes Bank from the scam-hit bank’s shareholders. The Japanese bank is reportedly in talks with several key equity holders ...

Under Indian securities law, a controlling stake acquisition will trigger an open offer, requiring SMBC to offer to buy up to ...

Japan's Sumitomo Mitsui Banking Corp (SMBC) is in advanced discussions to buy a stake in India's Yes Bank, the Economic Times ...

Japan’s Sumitomo Mitsui Banking Corp ( SMBC) is close to finalising a deal to acquire a 51% stake in Yes Bank, according to ...

MUMBAI] Sumitomo Mitsui Banking Corp (SMBC) is close to agreement on acquiring a stake in Yes Bank, with the Japanese firm ...

The cause of the failure is under investigation, and there is no timeline yet for restoring the system, the Japanese bank ...