SBI Shinsei Bank, Limited agreed to acquire 33.32% stake in NEC Capital Solutions Limited (TSE:8793) from NEC Corporation (TSE:6701) and Sumitomo Mitsui Finance and Leasing Company, Limited on July 12, 2024. The expected completion of the transaction is October 1, 2024 to October 10, 2024. Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. acted as the financial advisor to NEC Corporation. BofA Securities Japan Co., Ltd. acted as financial advisor to SBI Shinsei Bank in the transaction.

SBI Shinsei Bank, Limited completed the acquisition of 33.32% stake in NEC Capital Solutions Limited (TSE:8793) from NEC Corporation (TSE:6701) and Sumitomo Mitsui Finance and Leasing Company, Limited on October 2, 2024.