Home Business Japan’s MUFG, SMFG to sell more than $8.5 billion of Toyota shares, Bloomberg reports
Japan’s MUFG, SMFG to sell more than $8.5 billion of Toyota shares, Bloomberg reports

Japan’s MUFG, SMFG to sell more than $8.5 billion of Toyota shares, Bloomberg reports

by Mose Hickle

Japan’s MUFG, SMFG to sell more than $8.5 billion of Toyota shares, Bloomberg reports

TOKYO : Mitsubishi UFJ Financial Community and Sumitomo Mitsui Financial Community are brooding about promoting 1.32 trillion yen ($8.5 billion) rate of strategic shareholdings in Toyota Motor, Bloomberg Files reported on Friday, citing sources.

The 2 Eastern megabanks gaze to sell into Toyota’s part buybacks, Bloomberg said, citing other folks with files of the matter.

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($1 = 155.8100 yen)

(This myth has been refiled to add a dropped note within the headline)

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Source: Reuters

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