Nochu to Recapitalize JV After First Brands-Linked Losses Soar
Norinchukin Bank is discussing a capital injection in JA Mitsui Leasing Ltd., after the joint venture said its estimated loss from debt linked to First Brands Group has ballooned to...
By Taiga Uranaka · Bloomberg
Norinchukin Bank is discussing a capital injection in JA Mitsui Leasing Ltd., after the joint venture said its estimated loss from debt linked to First Brands Group has ballooned to almost $1 billion.