TOKYO -- Mizuho Bank has agreed to acquire a nonvoting stake of less than 5% in U.S. asset manager Golub Capital, allowing it to offer the company's alternative investment products to affluent people in Japan.
Mizuho announced the agreement, which includes exclusive sales rights in Japan, on Tuesday. Its investment will be in the tens of billions of yen (10 billion yen equals $70.3 million).
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