Yahoo Japan to buy CyberAgent's forex operations for $254 mln

TOKYO Wed Dec 12, 2012 1:23am EST

TOKYO Dec 12 (Reuters) - Yahoo Japan Corp said on Wednesday that it will buy Japanese internet advertising firm CyberAgent Inc's foreign exchange operations arm for 21 billion yen ($254 million).

Yahoo Japan said in a statement that it wants to add financial services as a new pillar of growth.