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SBI Holdings forms strategic alliance with Tohoku Bank

August 21, 2025 at 06:49 AM UTCBy FilingReader AI

SBI Holdings' subsidiary SBI Regional Bank Holdings will acquire up to 2.95% of Tohoku Bank's outstanding shares. Tohoku Bank will acquire up to 100 million yen of SBI Holdings' common shares.

The alliance aims to strengthen financial product offerings, diversify asset management, and support local businesses through advanced technology and joint funds.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:8473Tokyo Stock Exchange

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