Mitsubishi UFJ to Buy 51% of a Thailand Bank Ayudhya
Mitsubishi UFJ to Buy 51% of a Thailand Bank Ayudhya
| The Tokyo-based bank began talks to buy GE Capital's stake late last year, but the discussions were bogged down by Thailand's so-called single-presence rule, which prohibits a foreign lender from holding stakes in more than one bank in the country. |  |