Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     

UNIONBANCAL CORPORATION

(UB)
End-of-day quote Nyse  -  04:01 2022-12-04 am EST
- USD    0.00%
2008UNIONBANCAL : MUFG sweetens UnionBanCal bid to $3.5 billion
RE
2008UNIONBANCAL : MUFG sweetens bid for UnionBanCal to $3.5 billion
RE
2008UNIONBANCAL : MUFG may sweeten bid for UnionBanCal
RE
SummaryNewsCompanyFunds 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

UNIONBANCAL : MUFG may sweeten bid for UnionBanCal

08/18/2008 | 03:54am EST

TOKYO (Reuters) - Mitsubishi UFJ Financial Group (MUFG) <8306.T> is expected to sweeten its bid for control of U.S. unit UnionBanCal Corp to between $73 and $73.5 per share, the Wall Street Journal reported on its website.

MUFG, Japan's largest bank, had said last week that it would launch a tender offer for the 35 percent it does not already own in UnionBanCal at $63 for each share but the offer was dismissed by the California bank as too low.

MUFG said it would brief on its bid for UnionBanCal at 0800 GMT (4 a.m. EDT).

(Reporting by David Dolan)


ę Reuters 2008
All news about UNIONBANCAL CORPORATION
2008UNIONBANCAL : MUFG sweetens UnionBanCal bid to $3.5 billion
RE
2008UNIONBANCAL : MUFG sweetens bid for UnionBanCal to $3.5 billion
RE
2008UNIONBANCAL : MUFG may sweeten bid for UnionBanCal
RE
2008UNIONBANCAL : MUFG seeks rest of UnionBanCal for $3 billion
RE
2008Unionbancal : BB&T Insurance Services to acquire Union Bank of California insurance broker..
PR
2007Unionbancal Corp : Union Bank of California Finalizes Compliance Agreements
BU
2007Unionbancal Corp : Union Bank of California Wins Four Awards for Excellence in Commercial ..
BU
2007Unionbancal Corp : Pacific Northwest Housing Market among Healthiest in Nation, Says Union..
BU
2007Unionbancal Corp : UnionBanCal Corporation's Chief Operating Officer to Address Lehman Bro..
BU
2007Unionbancal Corp : Masashi Oka Named Chief Risk Officer at UnionBanCal Corporation
BU
More news
Managers and Directors
Kevin P. Cronin President, Chief Executive Officer & Director
Neal Holland Chief Financial Officer
Kazuo Koshi Executive Chairman
Ken Librot Chief Information & Operations Officer
Toby S. Myerson Lead Independent Director