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Mitsubishi UFJ Financial Group (MTU +1%) is set to buy a 51% stake in Thailand's Bank of Ayudhya...

Mitsubishi UFJ Financial Group (MTU +1%) is set to buy a 51% stake in Thailand's Bank of Ayudhya (BKAHF.PK), in what could be the largest acquisition by a Japanese bank in Southeast Asia. The stake, which includes GE's (GE +1%) Capital's entire 25% position in the company, could be worth over $4B when completed. A deal could be announced as early as next week.
Comments (1)
  • comosicama
    , contributor
    Comments (49) | Send Message
     
    Does the sale price include a gain or a loss from book value? These incomplete announcements are nearly useless and tick me off.
    21 Jun 2013, 04:31 PM Reply Like
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