WealthNavi Amends Terms for MUFG Bank Tender Offer; Revises Earnings Forecast

MT Newswires Live

2024/12/30

WealthNavi (TYO:7342) has amended its earlier notice regarding the tender offer by MUFG Bank (TYO:8306), according to a Wednesday filing on the Tokyo Stock Exchange.

The amendments, effective from Jan. 21, 2025, include changes to the terms of share-based compensation stock options.

The company also revised its full-year earnings forecast, reducing operating revenue by 0.3% to 11.15 billion yen and increasing operating profit by 52.4% to 809 million yen.

Additionally, MUFG Bank has filed an amendment to its registration statement with the Kanto Local Finance Bureau.

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