--Mizuho Financial Group Inc. is set to take a stake of about 20% in Rakuten Securities through its brokerage subsidiary for about 80 billion yen ($555.0 million), Japanese business daily Nikkei reports, without citing sources.
--Mizuho Securities plans to buy Rakuten Securities shares held by its parent, Rakuten Group Inc., some time around November, the Nikkei report said.
Full story: s.nikkei.com/3CvwOui
Write to Kosaku Narioka at kosaku.narioka@wsj.com
(END) Dow Jones Newswires
10-05-22 0440ET