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NTT Docomo to Buy SBI’s Online Bank for $2.9 Billion
NTT Docomo Inc. is buying SBI Holdings Inc.’s online bank in a ¥420 billion ($2.9 billion) deal to shore up the Japanese mobile carrier’s financial offerings in a hyper-competitive market.
An NTT Docomo Inc. store in Tokyo.Photographer: Kiyoshi Ota/Bloomberg
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