Ashikaga Bank Bidding: Don’t Bother, Overseas Businesses
September 20, 2007
By Ken Worsley
Were you planning to make a bid for state-controlled Ashikaga Bank? Well, don’t bother unless you’re Japanese. It seems as though the Financial Services Agency is set to exclude foreign businesses from bidding for control of the regional bank.
We’re forced to wonder how much the winning bid might already be set at.
Filed Under Banking, Foreigners
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