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Japan's Mitsubishi UFJ to buy two Asia units of Home Credit for $620 mln -source

Source: Reuters

TOKYO, Nov 23 (Reuters) - Japan's Mitsubishi UFJ Financial Group Inc (8306.T) plans to buy the Philippines and Indonesian units of Dutch consumer finance company Home Credit Group BV for about 600 million euros ($619 million), a person familiar with the matter said on Wednesday.The deal comes as Japan's largest lender aims to beef up its business in Asia to tap growth in consumption in emerging markets, while…

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