WealthNavi (TYO:7342) confirmed the completion of MUFG Bank's (TYO:8306) tender offer on Jan. 20, with the total shares tendered surpassing the minimum requirement, according to a Tuesday filing on the Tokyo Stock Exchange.
As a result, MUFG Bank will acquire over 50% of WealthNavi's voting rights, becoming the new parent company and largest shareholder, effective Jan. 27.
Price (JPY): $1941.00, Change: $+3.0, Percent Change: +0.15%
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