Fortis says to buy Commerzbank Japan trust unit

Written by:
Subscribe to Oneindia News

TOKYO, Sept 25 (Reuters) The asset manager of Belgian-Dutch financial group Fortis said on Tuesday it would buy a Tokyo-based asset managing firm wholly owned by Germany's Commerzbank to expand its operations in Japan.

The asset manager, Fortis Investments, declined to comment on the value of its purchase of Commerz International Capital Management (Japan) (CICMJ), but a source familiar with the deal has said it would be a little less than 0 million. CICMJ has about 400 billion yen (

Please Wait while comments are loading...