MUFG close to acquiring aviation finance arm of Germany’s DZ Bank for $6.3b

FILE PHOTO - People walk past a branch of Mitsubishi UFJ Financial Group's bank of Tokyo-Mitsubishi UFJ (MUFG) in Tokyo, Japan, May 16, 2016. REUTERS/Thomas Peter/File Photo

Mitsubishi UFJ Financial Group Inc. is close to buying German lender DZ Bank’s aviation finance business for about $6.3 billion, people familiar with the matter said, in what would be its biggest acquisition since the deal that created the Japanese megabank in 2005.

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