NTT subsidiary modifies tender offer for SBI Sumishin Net Bank
Nippon Telegraph and Telephone Corporation [TSE:9432] announced revisions to the terms of its subsidiary NTT DOCOMO's tender offer for SBI Sumishin Net Bank [TSE:7163], initially announced on May 29, 2025. The revisions follow the completion of the confirmation of shares owned by specially related parties on June 19, 2025, and DOCOMO's receipt of a Notice of Non-implementation of Cease and Desist Order and a Notice of Shortening of Prohibition Period from the Japan Fair Trade Commission, also dated June 19, 2025.
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