TOKYO, April 1 Yahoo Japan Corp said on Tuesday that it will raise its stake in Japan Net Bank, an internet-focused lender, to 41.16 percent from 12.18 percent for an undisclosed sum to strengthen its online payment system.
The purchase is planned on April 30, it said.
Shares in Yahoo Japan, which is 42.5 percent held by mobile carrier SoftBank Corp, were up 1 percent at 511 yen, outpacing a flat benchmark Nikkei. (Reporting by Dominic Lau and Emi Emoto; Editing by Chang-Ran Kim)
UPDATE 2-UAE sees "parting of ways" if Qatar does not accept Arab demands
* Fellow Arabs incensed over Qatar's support for Islamists (Adds quotes on Turkey and background)