Chuo Mitsui: may not repay gov't funds before merger

Fri Nov 6, 2009 2:30am EST
 
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TOKYO, Nov 6 (Reuters) - Chuo Mitsui Trust Holdings (8309.T) said it may not be able to repay public funds before a planned merger with Sumitomo Trust and Banking (8403.T).

"It depends on the (stock) price," Chuo Mitsui President Kazuo Tanabe said at a news conference. "If we cannot repay before the merger ... we will have to do so after." (Reporting by David Dolan)

 

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