Brief: Fukuoka Financial Group says business integration with Eighteenth Bank

Fukuoka Financial

30/10/2018 06:45

Oct 30 (Reuters) - Fukuoka Financial Group Inc  8354.T  
    
    * Says it will integrate business with Eighteenth Bank Ltd
 8396.T  
    * Says it will fully acquire Eighteenth Bank Ltd through
stock
swap, effective April 1, 2019 
    * One share of Eighteenth Bank Ltd's stock will be exchanged
with
1.12 shares of the company 
    * 19.2 million shares of the company's stock will be
exchanged
    * Eighteenth Bank Ltd's stock will delist from Tokyo Stock
Exchange on March 27, 2019

    
    Source text in Japanese:https://goo.gl/exsNDX
    Further company coverage: 8354.T  8396.T 

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