TaxTMI 
TaxTMI 
CCI approves the acquisition of additional securities of DMI Finance Private Limited by MUFG Bank, Ltd.
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....CI approves the acquisition of additional securities of DMI Finance Private Limited by MUFG Bank, Ltd. <br>News and Press Release<br>Dated:- 27-11-2024<br><BR>Competition Commission of India (CCI) has....
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.... approved the acquisition of additional securities of DMI Finance Private Limited by MUFG Bank, Ltd. The Proposed Combination envisages acquisition of additional securities of DMI Finance Private Limi....
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....ted (DMI Finance/Target) by MUFG Bank, Ltd. (MUFG Bank/Acquirer), such that MUFG Bank's shareholding will increase to 20.0% of the share capital of DMI Finance. MUFG Bank is a prominent banking insti....
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....tution based out of Japan with its headquarters in Marunouchi, Tokyo, Japan. MUFG Bank is wholly owned and controlled by Mitsubishi UFJ Financial Group, Inc., which is a financial services and holding....
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.... company incorporated in Tokyo, Japan. In India, MUFG Bank provides: (i) corporate banking loans; (ii) deposit accounts; (iii) remittances; (iv) trade finance; and (v) bank guarantees. DMI Finance is....
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.... a private limited company registered as a middle layer 'systematically important non-deposit accepting' Non-Banking Financial Company with the Reserve Bank of India. It is engaged in the provision of....
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.... loans and lending services in India including the provision of personal loans, loans to micro, small and medium enterprises and consumption loans. Detailed order of the Commission will follow.<BR> N....
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....ews - Press release - PIB....