JC Flowers plans near-full exit from Japan's Shinsei Bank
US-based private equity firm JC Flowers is planning to sell nearly all of its stake in Japanese financial institution Shinsei Bank for an undisclosed amount.
JC Flowers and its associates – including CEO J. Christopher Flowers, who plans to step down from the bank’s board – will offer around 45.5 million shares at a price that has yet to be determined....
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