Mitsubishi UFJ Group yesterday offered $3bn to buy the remaining 35 per cent in Union Bank of California it does not already own, in a move aimed at giving Japan’s largest lender a greater presence in the US.
COMPANIES
MUFG to buy out UnionBanCal for $3bn
By Michiyo Nakamoto in Tokyo
Published: August 12 2008 08:40 | Last updated: August 12 2008 17:56
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