Japan's Mizuho takes 16 percent stake in Matthews Asia

September 30, 2015 2:41 AM

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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.

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