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MUFJ M&A Insight: Inside the $744m Link Acquisition Deal

Mitsubishi UFJ (MUFJ) Trust and Banking Corp (MUFG). has unveiled its acquisition of Link Administration Holdings Ltd., an Australian data manager, in a deal worth approximately A$1.11 billion ($744 million).

Mitsubishi UFJ (MUFJ) Financial Group's HQ in Japan, acquiring Link Administration as part of global expansion. PHOTO: Shutterstock/ALP
Mitsubishi UFJ (MUFJ) Financial Group’s HQ in Japan, acquiring Link Administration as part of global expansion. PHOTO: Shutterstock/ALP

The move is part of Japanese lenders’ efforts to obtain higher returning assets overseas. Under the agreement, MUFJ will pay A$2.10 per share, representing a 23.5% premium to Friday’s closing price.

Link’s board has unanimously recommended that shareholders vote in favour of the

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