Daiwa Securities to acquire SMFG’s 40% stake in Daiwa Securities SMBC



For more details, please contact:

Caroline Klein, Business Communication
Daiwa Capital Markets Europe Limited
5 King William Street, London, EC4N 7AX

+44 (0)20 7597 8101

 

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10 September 2009 - September 10th, 2009

On September 10th 2009, Daiwa Securities announced that it would be buying Sumitomo Mitsui Financial Group’s 40% share in their joint venture, Daiwa Securities SMBC.  Daiwa Securities Group will take full control of the business on December 31st 2009.  Click here for the Group’s press release in English.

Note to editors:

Daiwa Capital Markets Europe Limited is a wholly owned subsidiary of Daiwa Securities Capital Markets Co Ltd, the investment banking arm of Daiwa Securities Group.

Daiwa Capital Markets Europe Limited offers a wide range of services from its main business areas:

• Equity
• Fixed Income
• Derivatives
• Debt & Equity Capital Markets

Corporate Finance and M&A advisory services are provided in Europe by our subsidiary, Close Brothers Corporate Finance