Announced
Completed
Financials
Tags
Acquisition
Cross Border
Minority
Private
Completed
Single Bidder
Private Equity
investment management
Asset Managers and Custodians
Australia
investment manager
Friendly
Private Equity
Synopsis
AMP, an investment advisor, completed the acquisition of a 15% stake in AMP Capital, a large global investment manager, from Mitsubishi UFJ, a global financial group, for $329m. MUFG is proceeding with the optimization of capital management in the face of tightened international financial regulations and changes in the business environment. In that context, MUFG is conducting a review of existing strategic investments by MUFG group companies from perspectives including strategy, capital efficiency, and return on investment.
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