Japan's Mizuho takes 16 percent stake in Matthews Asia

September 30, 2015 2:41 AM

48 0

TOKYO, Sept 30 Mizuho Financial Group Inc said on Wednesday it will buy a 16 percent stake in Asia-focused asset manager Matthews International Capital Management LLC.

The value of the deal was not disclosed but a person with the knowledge of the matter said it was worth about $200 million.

Also read: Tech companies climb as Trump lobbies for China's ZTE

Read more

To category page