Finance
Daiwa Buys Orix Bank for $2.3 Billion in Loans Push; Shares Fall
Daiwa Securities Group Inc. will buy Orix Corp.’s banking unit for ¥370 billion ($2.3 billion), its largest acquisition in almost two decades, as Japan’s second-biggest brokerage deepens its foray into commercial lending.
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Bloomberg
April 27, 2026·1 min read
Image: Bloomberg
Daiwa Securities Group Inc. will buy Orix Corp.’s banking unit for ¥370 billion ($2.3 billion), its largest acquisition in almost two decades, as Japan’s second-biggest brokerage deepens its foray into commercial lending.
Original article
Daiwa Buys Orix Bank for $2.3 Billion in Loans Push; Shares Fall
Published by Bloomberg