MUFG Is Said to Explore Options for Stake in Indonesia’s Danamon

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Mitsubishi UFJ Financial Group (MUFG) is exploring strategic options for its stake in Indonesia's PT Bank Danamon. Possible moves include taking the bank private or increasing the public float by selling part of its holdings.

Mitsubishi UFJ Financial Group Inc. is exploring options for PT Bank Danamon Indonesia, including a take-private of the lender or selling some its stake to increase the public float, people with knowledge of the matter said.

Politics Markets Deals MUFG PT Bank Danamon Indonesia financial deals take-private public float

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