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Bidding War May Shuffle List of Japan's Biggest Banks

Article Abstract:

Japan's Mitsubishi Tokyo Financial Group and Sumitomo Mitsui Financial Group Inc. are both interested in merging UFJ Holdings. If either merger goes through it will create the biggest bank in the world, with $1.7 billion in assets.

Author: Zaun, Todd
Publisher: The New York Times Company
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2004
Negotiation, mediation and arbitration

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Japan Penalizes Big Bank For Obstructing Inquiry

Article Abstract:

The UFJ Bank is facing a criminal investigation and has had part of its business suspended just as the Mitsubishi Tokyo Financial Group is negotiating to buy it.

Author: Zaun, Todd
Publisher: The New York Times Company
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2004
Legal issues & crime, Company legal issue, Investigations, UFJ Bank Ltd.

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Japanese Bank Relents; Will Consider Suitor No.2

Article Abstract:

The takeover talks continue between UFJ Holdings, Sumitomo Mitsui Financial Group, and Mitsubishi Tokyo Financial Group.

Author: Zaun, Todd
Publisher: The New York Times Company
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2004

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Subjects list: Banking industry, Japan, Mergers, acquisitions and divestments, Finance, Company acquisition/merger, Bank mergers, Company financing, Sumitomo Mitsui Financial Group Inc., UFJ Holdings Inc., Mitsubishi Tokyo Financial Group Inc.
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