Yoshitaka Kitao, president of SBI Holdings, a major online finance company that is conducting a takeover bid for TOB = shares with Shinsei Bank, reiterated the idea that Shinsei Bank will not respond to the increase in the purchase price.
SBI President Kitao pointed out at a press conference on the interim settlement of accounts on the 28th that Shinsei Bank is still investing about 349 billion yen in public funds. There is a lack of strategy, and more important ideas, "he criticized strongly.
On top of that, SBI emphasized the idea of making every effort to repay public funds when the TOB is established.
In addition, as a condition for Shinsei Bank to agree with the TOB, President Kitao said, "2000 yen is enough, too much," regarding the request for SBI to raise the purchase price of 2000 yen per share. I reiterated the idea of not responding to the increase.
Regarding the takeover bid, Shinsei Bank officially announced its opposition last week and will hold an extraordinary general meeting of shareholders on the 25th of next month to discuss the implementation of takeover defense measures to prevent the takeover bid. Is continuing.