JP may drop plan to acquire Nomura realtor
the-japan-news.com -- Jun 18
Japan Post Holdings Co. is likely to drop a plan to acquire Nomura Real Estate Holdings Inc., as its price is expected to be higher than initially estimated, informed sources said Saturday.

After the acquisition plan came to light last month, Nomura Real Estate shares surged on the Tokyo Stock Exchange, boosting potential acquisition costs.

Another miscalculation was Nomura Real Estate's opposition to the envisioned deal.

日本郵政が検討していた野村不動産ホールディングスの買収計画は白紙となる見通しになったことが分かりました。
News sources: the-japan-news.com, ANNnewsCH
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