Bank of Ayudhya buys Nomura's Thai securities unit for $155m

Bank of Ayudhya buys Nomura's Thai securities unit for $155m

FILE PHOTO: A Nomura logo is pictured at the Japanese company's office in the Manhattan borough of New York City, New York, U.S. June 23, 2017. REUTERS/Carlo Allegri/File Photo

Thailand’s Bank of Ayudhya Pcl (BAY) announced on Thursday it would acquire Nomura‘s securities unit in Thailand for $155.3 million.