Japanese Insurers, Banks to Sell Honda Shares Worth 3.3B, Filing Shows
TOKYO, July 4 Reuters Japanese financial groups including Tokio Marine, Sompo and two MSAD units will sell Honda Motor shares worth 535 billion yen 3.3 billion to unwind crossshareholdings, a regulatory filing showed on Thursday. Mitsubishi UFJ and Mizuho, Japan39;s first and thirdlargest financial groups, also plan to participate in the sale, a sign that the unwinding of crossshareholdings […]