Jefferies Stock Climbs on Reports of Potential SMFG Takeover
Jefferies' shares have climbed significantly following reports that Sumitomo Mitsui Financial Group (SMFG) is preparing for a possible takeover of the American investment bank.
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Japan’s SMFG readies itself for possible takeover of Jefferies
Sumitomo Mitsui’s banking unit holds minority stake in US investment bank
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