SBI : Notice Regarding the Tender Offer for Shinsei Bank, Limited. (Securities Code 8303)
November 24, 2021 at 05:30 am EST
Share
This document is an English translation of the official Japanese version of the press release (the"Official Japanese Version"). This English translation was prepared for your reference, to help you understand what is stated in the Official Japanese Version. In the event of any discrepancy between the Official Japanese Version and the English translation, the Official Japanese Version will prevail.
November 24, 2021
Address:
1-6-1 Roppongi, Minato-ku, Tokyo
Company:
SBI Holdings, Inc.
(CodeNo.:8473, TSE 1st Sec.)
Representative
Representative:
Director, President &
Yoshitaka Kitao
CEO
Contact:
Executive Officer
Hideyuki Katsuchi
Tel:
+81 3 6229 0100
Company:
SBI Regional Bank Holdings Co., Ltd.
Notice Regarding the Tender Offer for Shinsei Bank, Limited. (Securities Code: 8303)
SBI Holdings, Inc. ("SBIHD") and its wholly owned subsidiary company, SBI Regional Bank Holdings Co., Ltd. (the "Tender Offeror," together with SBIHD, the "SBIHD Parties"), announce that the SBIHD Parties consulted with the Shinsei Bank, Limited (the "Target Company") and agreed to respect the content of the answers to the questions from Deposit Insurance Corporation of Japan, which were released by the Target Company on November 12, and to work together to enhance the corporate value of the Target Company regarding the tender offer which the Tender Offeror is conducting for shares of the Target Company (the "Tender Offer").
In response to the agreement, as separately disclosed in a timely manner by the Target Company today, the Target Company changed its "Opposition" opinion to the Tender Offer and
1
expressed its opinion as "Neutral". The SBIHD Parties have no plans to increase the Tender Offer Price (2,000 yen per shares) or change the maximum number of shares to be purchased (58,211,300 shares). Given that the Target Company has expressed its opinion to the Tender Offer as "Neutral", please make your decision to apply to the Tender Offer.
SBI Holdings, Inc. Corporate Communications Dept., Tel: +81 3 6229-0126
2
Attachments
Original Link
Original Document
Permalink
Disclaimer
SBI Holdings Inc. published this content on 24 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 November 2021 10:29:03 UTC.
SBI Holdings Inc is a Japan-based company mainly engaged in the financial business. The Company operates five business segments. The Financial Services segment engages in various finance related businesses, centered on securities related, banking, and insurance businesses in Japan and overseas. The Asset Management segment is engaged in investment management, including the establishment, offering, and management of investment trusts, investment advisory services, and provision of financial products information. The Investment segment includes investment in domestic and overseas information technology (IT), fintech, blockchain, financial, and biotechnology related venture companies. The Crypto-asset segment provides crypto-asset exchange and trading services. The Non-financial segment is engaged in various businesses such as bio-healthcare & medical informatics business, Web3 related business, renewable energy business, and businesses developing in new overseas markets such as Africa.
SBI HOLDINGS, INC. 
