Japan's MUFG hopeful of regulator nod to gain control of PT Bank Danamon

Japan's MUFG hopeful of regulator nod to gain control of PT Bank Danamon

Photo: Reuters

Japan’s Mitsubishi UFJ Financial Group (MUFG) said it was cautiously optimistic of winning approval to take control of PT Bank Danamon Indonesia – in what could become the biggest acquisition of an Indonesian firm on record.

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