Mitsubishi UFJ Financial Group Inc (8306.T)
19 Jan 2018
JAKARTA Japan's Mitsubishi UFJ Financial Group (MUFG) said it was cautiously optimistic of winning approval to take control of PT Bank Danamon Indonesia - in what could become the biggest acquisition of an Indonesian firm on record.
* Danamon shares surge 14 pct but below agreed price with Temasek (Recasts and adds deal milestones, analysts' comments)
- JAPAN'S MITSUBISHI UFJ FINANCIAL (MUFG) GROUP SAYS CAUTIOUSLY OPTIMISTIC ABOUT GETTING REGULATOR APPROVAL TO ACQUIRE MORE THAN 40 PCT BANK DANAMON STAKE - GROUP WANTS TO "ACCELERATE COLLABORATION" WITH DANAMON, TAKAYOSHI FUTAE, CEO OF MUFG'S ASIA AND OCEANIA REGION TOLD REPORTERS IN JAKARTA - MUFG SAID IT HAS AGREED WITH DANAMON SHAREHOLDERS TO BUY 73.8 PERCENT OF THE BANK AND WOULD LIKE TO RAISE THAT TO 100 PERCENT
JAKARTA, Dec 27 Shares in PT Bank Danamon Indonesia soared to their highest level in more than 17 years after Japan's Mitsubishi UFJ Financial Group (MUFG) said it planned to buy a majority stake in the country's fifth-largest lender.
TOKYO Mitsubishi UFJ Financial Group (MUFG) said on Tuesday it agreed to buy 73.8 percent of Bank Danamon Indonesia , as it looks to build a foothold in Southeast Asia's biggest economy.
TOKYO, Dec 26 Mitsubishi UFJ Financial Group (MUFG) said on Tuesday it agreed to buy 73.8 percent of Bank Danamon Indonesia, as it looks to build a foothold in Southeast Asia's biggest economy.
Dec 26 Japan's Mitsubishi UFJ Financial Group Inc said on Tuesday it will buy a 73.8 pct stake in Indonesia's Bank Danamon from Singapore's sovereign wealth fund Temasek Holdings.
* TEMASEK - STATEMENT ON ACQUISTION OF STAKE BY MITSUBISHI UFJ IN INDONESIA'S BANK DANAMON
* Says it completes repurchase of 127.7 million shares of its common stock
NEW YORK, Dec 18 Mitsubishi UFJ Financial Group, Inc (MUFG) said on Monday that it has hired Robert Danziger, a 25-year industry veteran most recently from Deutsche Bank Securities, as a managing director in its U.S. investment grade syndicated loans business.