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Sumitomo Mitsui Financial Group's (SMFG) announced buyout of Jefferies Financial Group (JEF) drove a 3.59% surge in JEF shares amid acquisition premium, lifting US…
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Mar 24
·
8 min read
SMFG Buys JEF: M&A Sparks Fin Rally, Yen Weakness
Sumitomo Mitsui Financial Group's (SMFG) announced buyout of Jefferies Financial Group (JEF) drove a 3.59% surge in JEF shares amid acquisition…
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