Mitsubishi UFJ To Buy Bank Of Ayudhya In July – ValueWalk Premium

Mitsubishi UFJ To Buy Bank Of Ayudhya In July

Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU) (TYO:8306) is set take control of Thailand’s Bank of Ayudhya (OTCMKTS:BKAHF) for 560 billion yen ($5.6 billion), making it the largest banking takeover deal in the South East Asian nation.

Japan’s biggest bank seeks to acquire 75 percent of the fifth-largest bank in Thailand, Bank of Ayudhya (OTCMKTS:BKAHF),

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