IFLR1000

Fukuoka Financial Group/The Eighteenth Bank merger

25/2/2016
Merger
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Announced

25/2/2016

Overview:

  • Fukuoka Financial Group and The Eighteenth Bank have merged.
  • Both entities are regional Japanese banks based in Southern Japan.
  • The country has over 100 regional banks but consolidation has increasingly become a trend.
  • A similar matter saw The Bank of Yokohama and The Higashi-Nippon Bank merge.

Sam Duke - Editor

Jurisdiction:

Japan

Deal type:

Merger

Practice area:

M&A

Industry sector:

Banking

Firm:
Shearman & Sterling

Party: Fukuoka Financial Group (Merger party)

Party: The Eighteenth Bank (Merger party)

Lawyer: Masahisa Ikeda

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