Market Chatter: Mitsubishi UFJ Financial Considering Options for Indonesian Bank Stake

MT Newswires Live

05/26

Mitsubishi UFJ Financial (MUFG) is exploring options for its majority stake in PT Bank Danamon Indonesia, Bloomberg reported Tuesday, citing people with knowledge of the matter.

The options that Mitsubishi is considering for its 92.5% stake in the bank include a take-private deal or selling some its stake to increase the public float to comply with recent Indonesian laws, the report said.

There's no certainty of a deal, Bloomberg cited a source as saying.

Mitsubishi did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MUFG","symbol_name":"三菱日联金融","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2638970605","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2638970605","pubTimestamp":1779786867,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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