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What type of new partnerships will MUFG announce using WealthNavi's capabilities by December 31, 2025?
2
Resolution / Starting Odds
With a tech company • 25%
With a financial institution • 25%
With a government entity • 25%
No new partnerships • 25%
Official MUFG press releases, financial news outlets
Story
MUFG to Acquire WealthNavi for ¥100 Billion, Offering ¥1,950 per Share
Nov 29, 2024, 04:01 AM
Mitsubishi UFJ Financial Group Inc. (MUFG) is set to acquire WealthNavi Inc., Japan's leading robo-advisory firm, in a deal valued at approximately ¥100 billion. The acquisition will involve a tender offer bid (TOB) at ¥1,950 per share, aiming to make WealthNavi a wholly owned subsidiary. This move is part of MUFG's strategy to enhance its financial technology capabilities and expand its offerings in personal wealth management. WealthNavi, with assets under management exceeding ¥1.3 trillion, primarily through its 'new NISA' program, will cease to be publicly traded if the TOB is successful.
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Similar markets
Yes • 50%
No • 50%
Remains a wholly owned subsidiary • 25%
Merged into MUFG's existing operations • 25%
Sold to another entity • 25%
Operates independently with MUFG stake • 25%
Significant increase in customer base • 25%
Moderate increase in customer base • 25%
No significant change • 25%
Decrease in customer base • 25%
Significant increase in market share • 25%
Moderate increase in market share • 25%
No significant change • 25%
Decrease in market share • 25%
Yes • 50%
No • 50%
No new partnership • 25%
Partnership within Japan • 25%
Partnership in Asia-Pacific • 25%
Partnership outside Asia-Pacific • 25%
Partnership with a major tech company • 25%
Partnership with a major financial institution • 25%
Partnership with a major retail chain • 25%
Other • 25%
Nerima Branch • 25%
Tamagawa Branch • 25%
Both branches equally • 25%
Neither branch • 25%
Below 500 JPY • 25%
500 - 600 JPY • 25%
601 - 700 JPY • 25%
Above 700 JPY • 25%
