Mitsubish UFJ Fund Services Completes Meridian Acquistion

Mitsubishi UFJ Fund Services has completed its acquisition of Meridian Fund Services Group, which was agreed upon in March.
By Jake Safane(2147484770)
Mitsubishi UFJ Fund Services has completed its acquisition of Meridian Fund Services Group, which was agreed upon in March.

The acquisition raises the assets under administration of Mitsubishi UFJ Financial Group, the parent of the Fund Services division, to approximately $165 billion.

“Meridian is an important addition to our business as we continue to expand, both organically and through acquisitions. We will continue to develop the range of services we offer to the global investment industry,” says Tim Calveley, deputy CEO, Mitsubishi UFJ Fund Services.

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