GMO Internet Inc (9449.T)
24 Jun 2016
Fri, Jun 24 2016
BRIEF-Aozora plans Capital and Business Alliance for Joint Venture Internet Bank with GMO Internet, Inc.
* Says Aozora Bank Ltd and wholly-owned subsidiary Aozora Trust Bank,Ltd. have entered into a capital and business alliance with GMO Internet Inc regarding a joint venture Internet bank, which will be operated by Aozora Trust
* Says it completes acquisition of Thailand-based GMO-Z com NetDesign Holdings which was newly established by two individuals who are shareholders of Thai domain and hosting group, NetDesign, on June 6
* Says Aozora Bank ltd, Aozora Trust Bank ltd announcesd signing of a memorandum of agreement with GMO Internet Inc regarding a joint venture Internet bank
BEIJING Around 400 Chinese citizens have signed a letter to protest the purchase of Swiss-based seeds and pesticides company Syngenta by state-owned ChemChina, saying the deal would eventually lead to genetically modified crops being sown across swathes of the country.