GMO Internet Inc (9449.T)
1 Dec 2016
* Says the company, as the wholly owned subsidiary of GMO Internet Inc, plans to buy 58,621 shares in GMO Financial Gate, a Tokyo-based firm engaged in settlement service business of credit card etc., for 1.7 billion yen
* Japan Post Holdings will sell an online payment service operation that has failed to attract customers amid competition from big e-commerce co's - Nikkei
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