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Provider: Thomson Reuters Stock Report
Provider: MacroRisk Analytics/EconomicInvestor
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Provider: Reuters Investment Profile

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Hitachi Capital Corp to Fully Acquire NBL from Mitsubishi UFJ Financial Group, Inc.

Monday, 29 Oct 2012 12:30am EDT 

Hitachi Capital Corp announced that it has decided to acquire 12,000,000 shares (a 60% stake) in NBL, a Japan-based company which is engaged in general leasing business, from Mitsubishi UFJ Financial Group, Inc., for JPY 2.5 billion in total (including JPY 2.4 billion for the acquisition amount and JPY 100 million as advisory costs), effective April 1, 2013. After this, Hitachi Capital Corp will hold a 100% stake (20,000,000 shares) in Mitsubishi UFJ Financial Group, Inc. 

Company Quote

-0.13 -2.15%
4:01pm EDT