MUFJ completed the acquisition of First State Investments for $2.8bn.

MUFJ, a global financial services group, completed the acquisition of First State Investments, a global asset management company, for $2.8bn. “We are committed to supporting CFSGAM’s strategy of delivering high-quality investment capabilities and establishing and maintaining strong client relationships. We look forward to working with CFSGAM as we continue to expand our investment management business and investment offerings globally,” Mikio Ikegaya, MUFJ President & CEO.