Mitsubishi UFJ Financial Group to acquire Link Group for AUD2.1bn.

Mitsubishi UFJ Financial Group, a Japanese bank holding and financial services company, agreed to acquire Link Group, an Australian data manager, for AUD2.1bn. "The proposed transaction validates Link Group's leading global technology-enabled platforms, which serve as core infrastructure in financial markets in multiple jurisdictions around the world. Joining forces with a global leader like MUFG and The Trust Bank will be significantly beneficial to our clients and employees. Their long-term investment horizon will further evolve our service proposition, bolster our growth strategy, and open up significant opportunities for our businesses. We are excited about the opportunities this transaction presents for our future and look forward to working together with MUFG and The Trust Bank to achieve our shared goals," Vivek Bhatia, Link Group CEO and MD.