NTT Docomo forms capital tie-up with Monex to strengthen financial business

इंडिया समाचार समाचार

NTT Docomo forms capital tie-up with Monex to strengthen financial business
इंडिया ताज़ा खबर,इंडिया मुख्य बातें

TOKYO : Japanese mobile operator NTT Docomo said it formed a capital tie-up with fintech firm Monex Group on Wednesday to build a new financial services business centred on managing its customers' assets.Monex's brokerage unit Monex Inc will form an intermediate holding company in which Docomo will take a

TOKYO : Japanese mobile operator NTT Docomo said it formed a capital tie-up with fintech firm Monex Group on Wednesday to build a new financial services business centred on managing its customers' assets.

Monex's brokerage unit Monex Inc will form an intermediate holding company in which Docomo will take a 49 per cent stake and make its consolidated subsidiary, Docomo said. Docomo will buy shares of the intermediate holding company from Monex Group for 46.56 billion yen and subscribe to a third-party allotment of shares worth 2 billion yen, Monex said.

 

इंडिया ताज़ा खबर, इंडिया मुख्य बातें



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