Mitsubishi UFJ Trust: To Delay NikkoCiti Trust Buy
March 26 2009 - 3:12AM
Dow Jones News
Mitsubishi UFJ Trust & Banking Corp. said Thursday it will
delay its acquisition of NikkoCiti Trust and Banking Corp.
The trust bank, a member of the Mitsubishi UFJ Financial Group,
said in a statement it had originally planned to take over all of
NikkoCiti's shares on April 1.
The firm didn't specify a timeframe for the delay.
-By Yuzo Yamaguchi, Dow Jones Newswires, +813 5255 2954;
yuzo.yamaguchi@dowjones.com