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This excerpt taken from the C 10-K filed Feb 22, 2008. Sale of Simplex Investment Advisors Inc. Shares In 2007, Nikko Cordial sold all of its shares of Simplex Investment Advisors Inc. (SIA) for an after-tax gain of $106 million ($313 million pretax), which was recorded in International Retail Banking. Nikko Cordial held 42.5% of SIA.
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