Japan’s Sumitomo Mitsui to buy 5per cent of Jefferies for US$380 million – Nikkei

TOKYO: Japan’s Sumitomo Mitsui Financial Group Inc plans to buy 5per cent of Jefferies Financial Group Inc shares for around 42 billion yen (US$380.19 million), the Nikkei reported on Wednesday. (Reporting by Tokyo Newsroom; Editing by Christopher Cushing)