Asian Stars Are Aligning With MUFG’s Acquisition of an Indonesian Bank; Shares Undervalued
We see upside to our fair value estimate for Mitsubishi UFJ Financial Group, or MUFG, following a series of positive developments that include a proposal to acquire at least 73.8% of Indonesia's Bank Danamon for an estimated sum of JPY 700 billion through Bank of Tokyo-Mitsubishi UFJ, or BTMU. For MUFG, adding more risk weighted assets will not result in any notable strain on its strong balance sheet as this should only pressure its Core Equity Tier1 ratio by 10 basis points per 20% equity stake...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.