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New Deal


Announced

Mitsubishi UFJ Trust and Banking Corporation to acquire Point Nine.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

financial servies

Cyprus

Diversified Financials

Private

Synopsis

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Mitsubishi UFJ Trust and Banking Corporation, one of the world’s leading financial groups, agreed to acquire Point Nine, an industry leader in outsourced operations, processing and reporting for post-trade execution. Financial terms were not disclosed. This transaction will enhance the Trust Banks services and presence as the largest investor service company in the Asia/Oceania region. Point Nine, headquartered in Cyprus, offers clients outsourced operations, processing and reporting for post-trade execution.

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