Mitsubishi UFJ Financial Exploring Potential Sale of U.S. Unit, Bloomberg Reports
September 17 2021 - 4:49AM
Dow Jones News
--Mitsubishi UFJ Financial Group Inc. is exploring the potential
sale of its U.S. unit, MUFG Union Bank N.A., Bloomberg reported
Friday, citing unnamed sources.
--Mitsubishi UFJ has had informal talks with select potential
buyers, although it isn't conducting a formal auction process,
Bloomberg cited the sources as saying.
--There is no certainty the talks will lead to a transaction,
and no final decisions have been made, the Bloomberg report
said.
Full story: https://bloom.bg/3EqAsok
Write to Kosaku Narioka at kosaku.narioka@wsj.com
(END) Dow Jones Newswires
September 17, 2021 04:34 ET (08:34 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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