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SBI Holdings Inc and subsidiaries to sell shares of SBI Mortgage through takeover bid

Sunday, 29 Jun 2014 07:30pm EDT 

SBI Holdings Inc:Says the company and its subsidiaries to sell entire 15,787,906 shares (66.5 pct voting rights) of its subsidiary SBI Mortgage, engaged in rental and agency business of home loan and fire insurance agency business, for 284,182 million won to a wholly owned subsidiary of CJP CSM Holdings, L.P.Offering period from July 1 to Aug. 12.Settlement starts on Aug. 21. 

Company Quote

-18.0 -1.22%
9:33pm EDT