Shinsei Bank will hold an extraordinary general meeting of shareholders on the 25th of this month, and it has been decided to consult with SBI Holdings, a major online finance company, to implement takeover defense measures to prevent the takeover bid.
Regarding this general meeting of shareholders, the Deposit Insurance Corporation of Japan, which is a major shareholder of Shinsei Bank, has decided to announce its approval or disapproval of defense measures, saying that it is necessary to be accountable.
Shinsei Bank has expressed "opposition" to the TOB by SBI, but as a condition to turn in favor, it requested SBI to raise the purchase price per share, etc., and the deadline for reply was 19th.
However, as SBI did not respond, Shinsei Bank decided to hold an extraordinary general meeting of shareholders on the 25th of this month to discuss the implementation of takeover defense measures to prevent the takeover bid.
In order to pass the enforcement of defense measures, the voting rights of the shareholders attending the general meeting must be approved by a majority, and the national deposit, which is a major shareholder of Shinsei Bank and holds about 20% of the shares together with the Resolution and Collection Corporation. The focus is on the insurance organization's response.
Under these circumstances, the Deposit Insurance Corporation of Japan has decided to announce after the general meeting how it exercised its voting rights, such as approval or disapproval of defensive measures at this general meeting of shareholders.
The Deposit Insurance Corporation of Japan usually does not disclose the pros and cons of the bill, and it is unusual to announce it, but it will be announced as it is necessary to be accountable for the first hostile takeover bid in the banking industry. became.