Internet
ò Yahoo Japan Corp announced its decision to increase its stake in internet food delivery firm, Yumenomachi Souzou-Iinkai, in a bid to expand its food-related business. The company said it will be buying 3,200 shares at Ñ401,190 each $3,313, via a tender offer. Yumenomachi Souzou-Iinkai is listed on the Osaka Securities Exchange's Hercules board.
ò Industry sources said that Mitsubishi UFJ Financial Group MUFG, Japan's biggest bank, has plans to increase its stake in online brokerage affiliate kabu.com Securities through a tender offer. Some sources said JapanÆs biggest bank is looking to getting more control of the brokerage firm, with other reports claiming that the bank intends to raise...
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