.
MergerLinks Header Logo

New Deal


Announced

Mitsubishi UFJ to invest $200m in Akulaku.

Financials

Edit Data
Transaction Value£165m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Minority

Friendly

Pending

Cross Border

Acquisition

E-commerce

e-commerce platform

digital bank

Philippines

Private

Single Bidder

Synopsis

Edit

Mitsubishi UFJ, a Japanese megabank, agreed to invest $200m in Akulaku, a banking and digital finance platform in Southeast Asia. "Akulaku's emphasis on emerging markets has highlighted a vast, underserved audience in the banking industry. By partnering with MUFG, another innovative financial institution, we will have the knowledge, resources, and services to meet the long-term needs of our growing customer base. Both companies will benefit from shared skills and knowledge, which will enable us to expand both our products and geographical reach," Akulaku.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US