The wholly owned mobile-carrier unit of NTT intends to launch a tender offer to purchase shares of SBI Sumishin Net Bank and ...

TOKYO] NTT Docomo is buying SBI Holdings’ online bank in a 420 billion yen (S$3.7 billion) deal to shore up the Japanese ...

Through the alliance, the two sides hope to work together to merge the two worlds of telecommunications and finance.

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SBI Sumishin shares were indicated 21% higher at their limit high of 3,985 yen, equivalent to $27.51, on Thursday in Tokyo. No shares changed hands as buy orders overwhelmed sell orders.