Deals du Jour
Japan’s Shinsei Bank and Aozora Bank are likely to announce plans to merge by next year, sources familiar with the matter say. The two loss-making lenders are backed by U.S. investors. Read the Reuters story here.
For more Reuters news on deals, click here. Below are two other stories we spotted in newspapers.
Activist hedge fund firm The Children’s Investment Fund (TCI) is considering offering more flexible terms to investors and a different fee structure, the Wall Street Journal says.