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SKLKY Shinsei Bk Sp Adr (PK)

2.84
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Shinsei Bk Sp Adr (PK) USOTC:SKLKY OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.84 2.84 3.21 0.00 01:00:00

Tokyo Star Bank Sale Info Memorandum Due This Month -Report

16/10/2011 11:55pm

Dow Jones News


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The information memorandum for the sale of Tokyo Star Bank is due out this month, The Australian Financial Review reported in its Street Talk column Monday without citing sources.

ANZ Banking Group Ltd. (ANZ.AU), whose chief executive said in December that Japan offers opportunities for the bank given its deep pool of savings, is "expected to cast its eye over the Tokyo Star information memorandum", the newspaper said.

Dallas-based Lone Star, Tokyo Star Bank's biggest creditor, and the other creditors of the bank, including Shinsei Bank Ltd., French lender Crédit Agricole SA and Aozora Bank Ltd. are trying to recoup capital lent to entities set up by Advantage Partners LLC, a Japanese private-equity firm that bought Tokyo Star Bank from Lone Star in 2008.

 
   Newspaper website: http://www.afr.com 
 
   -By Sydney bureau; 61-2-8272-4680; djnews.sydney@dowjones.com 
 

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