SBI Holdings will acquire portal operator livedoor. It will acquire the shares from parent company MINKABU THE INFONOID for approximately ¥8 billion and make livedoor a wholly owned subsidiary. SBI will establish a framework for collaboration in the financial data business with MINKABU, which has received an investment from NTT DATA.
SBI Holdings will soon acquire livedoor, purchasing its shares from MINKABU THE INFONOID for approximately ¥8 billion and making it a wholly owned subsidiary. The acquisition will include livedoor's portal site operations. Through the transaction, SBI will bring livedoor into its group and operate it under SBI's policies.
NTT DATA has invested in MINKABU, and SBI and MINKABU will collaborate in the financial data business. Following the acquisition, cooperation between MINKABU and SBI in the financial data field is expected to deepen, with NTT DATA's investment also forming part of the background.