MUFG and its consolidated subsidiary MUFG Bank, Ltd. announced today an agreement for the purchase and transfer of DVB’s Aviation Finance division to MUFG Bank and BOT Lease, MUFG Bank’s affiliate. The asset purchase agreement provides for the entire aviation finance client lending portfolio (approximately €5.6 billion as at 30 June 2018), employees and other parts of the operating infrastructure to be transferred to MUFG Bank. The transaction also includes the acquisition of DVB’s Aviation Investment Management and Asset Management businesses which will be transferred to a newly established subsidiary of BOT Lease. Closing of the transaction is subject to
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