TOKYO -- Japanese investment firm Keystone Partners will set up a 100 billion yen ($630 million) fund to purchase companies' cross-shareholdings, smoothing the way for sellers that face difficulty unloading them on the market.
Finance
SBI-backed Japan firm plans $630m fund to buy cross-held shares
Keystone taps growing demand as regulators and TSE push for reform
The Tokyo Stock Exchange has been pushing companies to use their capital more efficiently. (Photo by Mizuho Miyazaki)
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