business
Japan’s Aichi Financial and San ju San agree on merger
Key takeaways
- The planned business integration is expected to take the form of an absorption-type merger, under which one company will remain.
- The process will depend on approval at each company’s shareholder meeting, as well as permissions and other approvals from the relevant authorities.
- The transaction would form a regional banking group with total assets of more than Y11.6tn, equivalent to about $74bn, the company said in a filing. .
Japan’s Aichi Financial and San ju San agree on merger Vidhya Edwards Munnangi Wed, May 13, 2026 at 6:44 PM GMT+7 1 min read 7389.T 7322.T Aichi Financial Group and San ju San Financial Group said they have reached an agreement to pursue a merger, with completion aimed for 1 April 2027.
The planned business integration is expected to take the form of an absorption-type merger, under which one company will remain.
The process will depend on approval at each company’s shareholder meeting, as well as permissions and other approvals from the relevant authorities.
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