U-NEXT HOLDINGS Co.Ltd. (JP:9418) has released an update.
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U-NEXT HOLDINGS Co., Ltd. plans to amend its Articles of Incorporation to facilitate the acquisition of NetMove Corporation as a wholly owned subsidiary, which will involve inheriting the acquiring business of SBI Sumishin Net Bank through a company split. This strategic move aims to expand U-NEXT’s business portfolio to include comprehensive credit purchase brokerage and settlement agency services. The amendments will be proposed at the upcoming annual general meeting scheduled for November 28, 2024.
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