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

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...

By Elffie Chew · Bloomberg Markets

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.