Announced
Financials
Tags
IT Services: Other
Australia
information solutions
Acquisition
Cross Border
Majority
Public
Scheme
Pending
Friendly
Single Bidder
Synopsis
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.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.