JC Flowers-backed Shinsei Bank to buy Cerberus’ Aozora | AltAssets Private Equity News

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JC Flowers-backed Shinsei Bank to buy Cerberus’ Aozora

2 Jul 2009

Shinsei Bank and Aozora Bank, both backed by US private equity firms, have announced that Shinsei will acquire the smaller bank to create Japan’s sixth-largest lender, Reuters reports.

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