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Europe Daily Bulletin No. 7751

5 July 2000
Contents Publication in full By article 47 / 49
ECONOMIC INTERPENETRATION / (eu) banking

The Japanese Government has concluded a definitive agreement on the sale of NCB - NIPPON CREDIT BANK to a consortium led by the Internet shares investor SOFTBANK and comprising the insurance company TOKYO MARINE AND FIRE INSURANCE and the leasing company ORIX. SOFTBANK will take a 40 to 50% stake in the new NCB and its two partners will take a little less than 15% each. The remainder of the capital will be shared between regional and foreign banks that have begun talks with the consortium....

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION