Mitsubishi UFJ Trust To Cancel NikkoCiti Trust Buy - Source
May 12 2009 - 8:40PM
Dow Jones News
Mitsubishi UFJ Trust & Banking Corp. will likely cancel its
bid to buy NikkoCiti Trust and Banking Corp., a person close to the
matter said Wednesday.
The trust banking unit of Mitsubishi UFJ Financial Group Inc.
(8306.TO) last December agreed to buy the trust banking unit of
Citigroup Japan for Y25 billion.
-By Atsuko Fukase, Dow Jones Newswires; 813-6895-7567;
atsuko.fukase@dowjones.com