MUFG - Tokyo-Based Mitsubishi UFJ Taps This Australian Pension Administration Company For A$1.11B - What's On The Cards? | Benzinga
Mitsubishi UFJ Financial Group Inc (NYSE: MUFG) disclosed the acquisition of Link Administration Holdings Limited for A$1.11 billion.
The purchase price per share of A$2.10 represents the premium to spot price of 23.5%, 1-month VWAP of 41.9%, and 3-month VWAP of 51.4%.
As per the deal, the acquisition will be implemented through a Scheme of Arrangement (SOA) under the Australian ...