Japan's MUFG in final talks to acquire 20% stake in Shriram Finance for over $3.2 billion, report says

Core Viewpoint - Mitsubishi UFJ Financial Group is in advanced negotiations to acquire a 20% stake in Shriram Finance, an Indian non-bank financial institution, for over 500 billion yen, equivalent to approximately $3.22 billion [1] Group 1 - The acquisition represents a significant investment by Mitsubishi UFJ in the Indian financial sector, highlighting the growing interest of Japanese financial institutions in India [1] - Shriram Finance is positioned as a key player in the Indian non-banking financial space, which has been experiencing robust growth [1] - The deal underscores the trend of cross-border investments in emerging markets, particularly in the financial services industry [1]