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

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 ...

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 ...

The private sector lender clarified that while it regularly explores business opportunities, there is nothing material to ...

Japan-based Sumitomo Mitsui Banking Corporation is in talks to acquire at least a 24% stake in Yes Bank Ltd., according to ...

YES Bank Ltd.'s shares jumped over 9% following reports of Japan's Sumitomo Mitsui Banking Corporation (SMBC) discussing a ...

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

MA Financial Group, Monroe Capital, and Sumitomo Mitsui Banking Corporation (SMBC) have announced the formation of a new ...