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New Deal


Announced

Mitsubishi UFJ Lease & Finance Company to acquire a 49% stake in VietinBank Leasing Company.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For49%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Vietnam

Leasing

leasing services

Pending

Friendly

Private

Single Bidder

Minority

Acquisition

Synopsis

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Mitsubishi UFJ Lease & Finance Company, a financial services company, agreed to acquire a 49% stake in VietinBank Leasing Company, a wholly owned subsidiary of VietinBank, one of the four state-owned commercial banks in Vietnam. Financial terms were not disclosed. Through the investment in VietinBank Lease, Mitsubishi UFJ Lease & Finance will launch its business in Vietnam and provide excellent financial services to local customers while sharing its extensive expertise and knowledge with VietinBank Lease.

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