Mitsubishi UFJ Financial Group offered $3bn to buy out the remaining stake in Californian lender UnionBanCal Corp in a move that showed the Japanese banks desire to expand outside the sluggish Japanese market.
MUFG offered to pay 8% over Mondays closing price for the 35% stake in UnionBanCal ...Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: subs@globalcapital.com
Corporate access
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.