Brief: Rakuten Agrees With Waterland Financial Holdings To Form Joint Venture To Start Banking Operation In Taiwan

IBF Financial Holdings Co

08/01/2019 08:03

Jan 8 (Reuters) - Japan's Rakuten Inc  4755.T :
    * ANNOUNCEMENT CONCERNING AN AGREEMENT TO ESTABLISH A JOINT
VENTURE ON THE PREMISE OF ACQUIRING APPROVALS ETC FOR A BANKING
BUSINESS IN TAIWAN
    * REACHED AGREEMENT WITH WATERLAND FINANCIAL HOLDINGS TO
FORM
JOINT VENTURE TO START BANKING OPERATION IN TAIWAN
    * RAKUTEN BANK TO HOLD 50 PERCENT, RAKUTEN CARD 1 PERCENT,
WATERLAND FINANCIAL 49 PERCENT

Source text for Eikon:  ID:nTSMH6fb35 
Further company coverage:  4755.T 

 (Reporting By Chris Gallagher)
 ((chris.gallagher@thomsonreuters.com;))