Tuesday, February 5, 2008

Mitsubishi UFJ that of Japan financially too buy 49 pct of JAL credit card unit - report

TOKYO, January. 11, 2008 (Thomson financial supplied of Newstex) — Mitsubishi UFJ group that of Japan largest banking financial group (NYSE:MTU) of Inc. acquires one percent bar 49 in Jalcard Inc. of fighting Japan airlines Corp for approximately 40 billion Yen, the Nikkei, which is reported in its evening edition Friday. Megabank is expected, JAL of its decision newer Friday, business said to communicate without daily sources quoting. Officials of Mitsubishi the UFJ and JAL were not immediately present for note. If you write key MUFGs for die Jalcard of portions to season CO, competitor, decided, from offering, the Nikkei said to withdraw well. Jal began to preselect die applicants in the serious last autumn and weighed such factors such as acquisition price and possibility for synergy, it said. One final agreement, in February at the earliest to be reached report said expected. Jalcard touched negotiation value approximately 1,65 quintillion Yen the last year and arranged 7. in the sector, it said. Kw_unit map JALs has approx.. 1.9 million owner of map, report said. (1 US dollar = 109,25 Yen) Yasuhiko.Seki@thomson.com copyright Thomson Limited financial news 2007. all rights reserve Die copy, die new edition or die redistribution of Thomson financial news of contents, including by shapes or die similar means, are expressly forbidden without die prior written agreement of Thomson financial news. Newstex identification: AFX-0013-22181126


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