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Company News

Sumitomo Mitsui leasing unit to launch tender offer for Kenedix - Nikkei

TOKYO, Nov 20 (Reuters) - Sumitomo Mitsui Finance and Leasing Co will announce plans on Friday to launch a tender offer bid for majority control of Japanese property investor Kenedix Inc in a deal valued at around 100 billion yen ($960 million), the Nikkei newspaper reported. ($1 = 103.7600 yen) (Reporting by Chang-Ran Kim)

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