Rakuten Strengthens Ties with Mizuho Through Share Transfer

Rakuten (JP:4755) has released an update.

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Rakuten Group has completed the transfer of 14.99% of its shares in Rakuten Card Co., Ltd. to Mizuho Financial Group, marking a significant step in their strategic alliance. Additionally, Rakuten Insurance Holdings Co., Ltd. has changed its parent company to Rakuten Group through an in-kind dividend transaction.

For further insights into JP:4755 stock, check out TipRanks’ Stock Analysis page.

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