Loans to Finance a Purchase of Smart Meter Company
Supporting Overseas M&A of Japanese Companies

  • Area: Europe
  • Manufacturing and Services

JBIC provided a loan to Toshiba Corporation, through Sumitomo Mitsui Banking Corporation, Mizuho Bank, Ltd., and The Bank of Tokyo-Mitsubishi UFJ, Ltd. for financing the purchase of Landis+Gyr AG, a major Swiss company, that manufactures and markets the smart meters. Toshiba plans to further develop its global business of Smart Community and Smart Grid businesses with this acquisition.

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