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Mitsubishi UFJ Financial Group (MUFG)
Company in the news
EDPR APAC's parent EDP signs five-year $1 bil green loan with DBS, OCBC, UOB, MUFG
In March, Singapore’s GIC committed EUR1 billion for a roughly 5% stake in EDPR, making GIC the second-largest shareholder.
April 19, 2023
Banking & finance
Japanese banks must learn to lure Southeast Asia's youth
Going abroad is easier than making a go of a business overseas; the Japanese may need to emulate a family-run Singapore bank.
December 07, 2022
Grab raises US$850 mil to expand into financial services
The sum includes US$706 million from MUFG, Japan’s largest bank, and US$150 million from TIS, a provider of data center and cloud services, according to joint statements from the companies.
February 25, 2020
Commentary
MUFG's Indonesian bank buy timing looks right: Bloomberg Gadfly
(Dec 27): Timing is everything.
December 27, 2017
Update
Japan's MUFG to buy 73.8% stake in Bank Danamon from Temasek for $1.57 bil
TOKYO (Dec 26): Mitsubishi UFJ Financial Group (MUFG) said on Tuesday it agreed to buy 73.8% of Bank Danamon Indonesia from Temasek Holdings, as it looks to build a foothold in Southeast Asia's biggest economy.
December 27, 2017
M&A
Japan's MUFG seeking to buy $2.4 bil Bank Danamon stake: Reuters
TOKYO/SINGAPORE (Reuters): Mitsubishi UFJ Financial Group (MUFG) is in talks to buy a 40% stake in Bank Danamon Indonesia for around 200 billion yen ($2.4 billion), a person with direct knowledge of the talks told Reuters on Thursday.
December 26, 2017