{"id":167310,"date":"2025-09-19T09:20:07","date_gmt":"2025-09-19T09:20:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/167310\/"},"modified":"2025-09-19T09:20:07","modified_gmt":"2025-09-19T09:20:07","slug":"smfg-mulls-raising-jefferies-stake-to-about-20-as-ties-deepen","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/167310\/","title":{"rendered":"SMFG Mulls Raising Jefferies Stake to About 20% as Ties Deepen"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\"><a href=\"https:\/\/www.bloomberg.com\/quote\/8316:JP\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Sumitomo Mitsui Financial Group Inc. <\/a>is raising its stake in <a href=\"https:\/\/www.bloomberg.com\/quote\/JEF:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Jefferies Financial Group Inc.<\/a> and the banks will merge equity operations in Japan as their four-year partnership deepens. <\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Japan\u2019s second-largest lender will increase its holding in the US investment bank to about 20% from 15% currently, though it will continue to have a less than 5% voting interest, the companies said in a statement on Friday. Sumitomo Mitsui plans to pay \u00a5135 billion ($912 million) for the additional stake, it said. <\/p>\n","protected":false},"excerpt":{"rendered":"Sumitomo Mitsui Financial Group Inc. is raising its stake in Jefferies Financial Group Inc. and the banks will&hellip;\n","protected":false},"author":2,"featured_media":167311,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[7761,28,11637,100766,27252,25528,3471,4760,26022,100765,17205,100767],"class_list":["post-167310","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-acquisitions","tag-business","tag-chief-executive-officer","tag-equity-capital-markets","tag-industries","tag-investment-banking","tag-japan","tag-jefferies-financial-group-in","tag-mergers","tag-sumitomo-mitsui-financial-gr","tag-tokyo","tag-toru-nakashima"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/167310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=167310"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/167310\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/167311"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=167310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=167310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=167310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}