Senshu Ikeda Holdings, Inc. /
Shiga Bank
Senshu Ikeda Holdings and Shiga Bank discuss management consolidation
- Terms
- Undisclosed
- Stage
- Reported talks
What happened
Senshu Ikeda Holdings, Inc. and The Shiga Bank, Ltd. entered into a memorandum of understanding to facilitate discussions about a management consolidation. The current plan is for Shiga Bank to become a wholly-owned subsidiary of an integrated holding company formed by changing Senshu Ikeda Holdings’ trade name.
The consolidation is subject to shareholder approvals and necessary regulatory authorizations. Terms were not disclosed.
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Senshu Ikeda Holdings and Shiga Bank discuss management consolidation
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