Mitsubishi Would Help Finance a Blackstone-Dell Deal [REPORT] – ValueWalk Premium
Dell

Mitsubishi Would Help Finance a Blackstone-Dell Deal [REPORT]


Mitsubishi Would Help Finance a Blackstone-Dell Deal [REPORT]

The Blackstone Group L.P. (NYSE:B)’s takeover bid for Dell Inc. (NASDAQ:DELL) would get financing from Mitsubishi UFJ Financial Group Inc. (TYO:8306) (NYSE:MTU) according to a new report. FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports that Mitsubishi UFJ would “provide at least a chunk” of debt financing in Blackstone Group’s takeover bid for Dell Inc. Gasparino says that Morgan Stanley is working with The Blackstone Group L.P. on the Dell Inc. (NASDAQ:DELL) bid and explains that Morgan Stanley is 22% owned by Mitsubishi.

Excerpts from the report are below.

On Morgan Stanley’s role in Blackstone’s takeover bid for Dell:

“There is a takeover battle for Dell and Blackstone is one of the bidders. Guess who’s behind the The Blackstone Group L.P. (NYSE:BX) deal. Morgan Stanley. Guess who’s behind Morgan Stanley. Sources are telling the FOX Business Network that Mitsubishi UFJ will provide at least a chunk of this debt financing. Morgan Stanley (NYSE:MS) is 22% owned by Mitsubishi UFJ, it was a loan that was given during the financial crisis when Morgan Stanley looked like it was going out of business and that loan is coming in handy in this deal. It may provide the margin of difference to get the Blackstone deal done and approved.”

LEAVE A COMMENT


X
Saved Articles
X
TextTExtLInkTextTExtLInk

The Life and Career of Charlie Munger

Charlie is more than just Warren Buffett’s friend and Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:

  • Learn from the best and forever change your investing perspective
  • One incredible tidbit of knowledge after another in the page-turning masterpiece of a book
  • Discover the secrets to Charlie’s success and how to apply it to your investing
Never Miss A Story!
Subscribe to ValueWalk Newsletter. We respect your privacy.

What’s missing today for many investors is real, straightforward advice.

Especially when it comes to Value Investing and Hedge Funds. 💵

That’s what makes ValueWalk Premium different. Some would say we’re “unusual.”

Our subscribers look forward to clear, easy-to-understand information they can act on.

Sign up for  today for only a few dollars a day and get a 3 day no obligation trial with a targeted 20% discount coupon code.

Cancel anytime during trial and you are never charged.

Limited time offer: For first 50 subscribers

0