Announced
Financials
Tags
Vietnam
Leasing
leasing services
Pending
Friendly
Private
Single Bidder
Minority
Acquisition
Synopsis
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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