LONDON, Oct 2 (Reuters) - Aberdeen Asset Management Plc said on Thursday a
unit of Japan's Mitsubishi UFJ Financial Group is taking a 9.9 percent stake in
the group, following a tie-up between the companies.
Under the terms of the alliance, Mitsubishi UFJ Trust and Banking Corp
may take up to a 20 percent stake in the company and appoint a non-executive
director to Aberdeen's board if it gains more than a 15 percent holding.
MUTB will promote Aberdeen's products in the Japanese market.
(Reporting by Lorraine Turner; Editing by David Holmes) Keywords:
ABERDEENASSET/STAKE
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