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Announced

MUFG to acquire the remaining 19.39% stake in Mandala Multifinance for IDR1.7tn.

Synopsis

MUFG, a Japanese bank holding and financial services company, agreed to acquire the remaining 19.39% stake in Mandala Multifinance, a provider of consumer financing activities in Java, Sulawesi, Sumatera, and Kalimantan in Indonesia, for IDR1.7tn.

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