You are here

MUFG to pay billions for Temasek's Bank Danamon stake

MUFJ.jpg
Japan's Mitsubishi UFJ Financial Group (MUFG) on Tuesday said that it will buy a 73.8 per cent stake in Indonesia's fifth most profitable bank, PT Bank Danamon Indonesia, from a unit of Temasek Holdings.

Singapore

JAPAN'S Mitsubishi UFJ Financial Group (MUFG) (see amendment note) on Tuesday said that it will buy a 73.8 per cent stake in Indonesia's fifth most profitable bank, PT Bank Danamon Indonesia, from a unit of...

sentifi.com

Market voices on: