NTT DOCOMO tender offer for SBI Sumishin Net Bank adjusted

Nippon Telegraph and Telephone Corporation (TSE:9432) announced today adjustments to the ongoing tender offer by its subsidiary, NTT DOCOMO, for SBI Sumishin Net Bank (Securities Code: 7163). The changes follow approval from the Financial Services Agency under Article 52-9, Paragraph 1 of the Banking Act, both for NTT DOCOMO and NTT itself. These approvals relate to the tender offer conditions, specifically regarding potential withdrawal scenarios. While the core terms of the offer remain unchanged, the modifications clarify circumstances under which NTT DOCOMO might withdraw the tender, particularly concerning regulatory hurdles or conditions attached to the recent approvals. The changes are detailed in an amendment to the tender offer statement filed with the Kanto Local Finance Bureau, and further information can be found in NTT DOCOMO's corresponding announcement.