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Korea M&A Corporation
Citigroup agrees ¥1 trillion Nikko deal
Citigroup has agreed to buy Nikko Cordial, the scandal-hit Japanese broker, for ¥1.3 trillion (€8.5bn) in its largest takeover of an Asian company. The companies released a joint statement this morning which said they had "agreed to form a comprehensive strategic alliance". The ¥1,350 per share deal, which includes the investment banking joint venture Nikko Citigroup, established in 1999, was si..
News/M&A
2007. 3. 7. 17:41