Business Wire (Free subscription) | 29/08/2008
TOKYO & SAN FRANCISCO--(BUSINESS WIRE)--Mitsubishi UFJ Financial Group, Inc. (“MUFG”) (NYSE: MTU) today commenced, through its wholly
Market Wire - Investment Opinion (Free subscription) | 22/08/2008
LONDON (MARKET WIRE) MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Through our numerous partnerships with many of the top investment minds in the world, we provide research on companies making a move in the markets. Investors seeking genuine analyst opinions on their investments for UnionBanCal Corporation (NYSE: UB), Kraft Foods Inc (NYSE:...
Forbes (Free subscription) | 19/08/2008
Analysts think that the Japanese mega-bank will use its acquisition as a springboard to take over other U.S. banks, focusing on the West Coast.
The Eagle Business (Free subscription) | 19/08/2008
Eds: SUBS graf 13 to CORRECT price Mitsubishi UFJ Financial Group Inc. raised its bid to buy the rest of UnionBanCal to $73.50 a share.With BC-Wall St ...
Business Wire (Free subscription) | 18/08/2008
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed UnionBanCal Corporation's (UB) long-term and short-term Issuer Default Ratings (IDRs) at 'A+' and 'F1', respectively. The Rating Outlook
Business Times Asiaone (Free subscription) | 18/08/2008
(TOKYO) Mitsubishi UFJ Financial Group Inc and UnionBanCal Corp agreed on a tender offer at a raised price of US$73.50 a share in a deal worth US$3.5 billion, the Japanese bank said yesterday.
Law Blog - WSJ.com (Free subscription) | 18/08/2008
Mitsubishi UFJ Financial Group Inc. and UnionBanCal Corp. said they have reached an agreement under which the Japanese bank will buy out the California unit's minority shareholders for $73.50 a share.
Forbes (Free subscription) | 18/08/2008
A large-scale agreement with UnionBanCal becomes the Japanese bank's passport into the U.S.
Seeking Alpha (Free subscription) | 18/08/2008
Below are some additional thoughts on the latest MUFG-UB offer (these comments were originally posted in response to an article published by Reuters ; edited for style/formatting). UnionBanCal's (UB) Special Committee is very opportunistic and knows what it is doing. It has effectively taken its minority stake hostage vis a vis its board representation and a long-standing one at that for the Chief...
APM: Marketplace (Free subscription) | 18/08/2008
Mitsubishi Financial Group, Japan's largest bank, has raised its bid for California's second biggest bank. The deal could become the biggest takeover of a U.S. bank this year. Alisa Roth gets some prespective.
The Sacramento Business Journal (Free subscription) | 18/08/2008
San Francisco-based UnionBanCal Corp. reached a definitive agreement to be acquired by its majority shareholder for $73.50 per share. or $3.5 billion, giving Mitsubishi UFJ Financial Group Inc. a platform on which to build a major American bank. (BAC) (WFC) (UB)
The San Francisco Business Times (Free subscription) | 18/08/2008
San Francisco-based UnionBanCal Corp. reached a definitive agreement to be acquired by its majority shareholder for $73.50 per share. or $3.5 billion, giving Mitsubishi UFJ Financial Group Inc. a platform on which to build a major American bank. (BAC) (WFC) (UB)
Banking Business Review (Free subscription) | 18/08/2008
Mitsubishi UFJ Financial Group and UnionBanCal have signed a definitive merger agreement under which MUFG would offer to acquire, through its wholly owned subsidiary The Bank of Tokyo-Mitsubishi UFJ, all the publicly held shares of UNBC's common stock for $73.50 per share in cash.
The East Bay Business Times (Free subscription) | 18/08/2008
Japan's Mitsubishi UFJ Financial Group Inc. and UnionBanCal Corp. said Monday they reached an agreement in which the Japanese bank will acquire the 35 percent of UnionBanCal it doesn't already own for $73.50 a share, or about $3.5 billion. (UB)
BlockBuster Total Access (Free subscription) | 18/08/2008
Top 5 Turning Japanese In a sign of how the fortunes of U.S. and Japanese banks have reversed, Japan's biggest bank, Mitsubishi UFJ Financial Group, has clinched a deal to gain full control of UnionBanCal of California for $3.5 billion. Read More Related : The Great Panic Don't Blame Canada Pension Tension How New Jersey's pension fund handles risk from its Wall Street stakes. Read More Related : Buy...
