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Aozora Bank forms business alliance with M&A firm Amidas Partners

Aozora Bank Ltd. has formed a business and capital alliance with Japanese advisory firm Amidas Partners Inc.

Aozora Bank plans to offer products and services for mergers and acquisitions as well as business succession needs through the alliance. Amidas Partners' know-how will help the lender boost both its domestic and cross-border M&A services in Asia and Oceania.

The Japanese bank acquired a 15% stake in Amidas as part of the deal, The Nikkei reported.