MUFG to Acquire Commonwealth Bank Investment Units

Posted on 10/31/2018


Mitsubishi UFJ Trust and Banking Corporation, which is part of Mitsubishi UFJ Financial Group, signed a deal to acquire Colonial First State Global Asset Management, the asset management unit of Commonwealth Bank of Australia (CBA), for a total cash consideration of A$ 4.13 billion (US$ 2.7 billion). Colonial First State Global Asset Management is known […]