News: Sumitomo Mitsui Trust Holdings Inc (8309.T)

8309.T on Tokyo Stock Exchange

444JPY
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¥-3 (-0.67%)
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¥447
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12,259,000
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Sun, Mar 23 2014

JBIC and Sumitomo Mitsui Trust to invest in CVC's $3 bln Asia fund

TOKYO, March 24 - Japan Bank for International Cooperation (JBIC) said on Monday it has agreed to invest up to $50 million in an Asian investment fund set up by CVC Capital Partners Ltd, which is seeking to raise $3 billion.

Japan banks, CVC to raise $2.9 bln in Asia fund-Nikkei

TOKYO, March 23 - Sumitomo Mitsui Trust Bank Ltd and Japan Bank for International Cooperation (JBIC) will team up with British private equity group CVC Capital Partners Ltd to set up an Asian investment fund totalling more than 300 billion yen ($2.93 billion), the Nikkei business daily said on Sunday.

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