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Mitsubishi UFJ Financial boosts stake in AUB Group

Mitsubishi UFJ Financial Group Inc. has raised its holding in Australian insurance broker AUB Group Ltd. to 6.73% from 5.72%.

The Japanese bank now controls 4,965,290 fully paid ordinary shares, up from 4,201,940 ordinary shares.

The shares were acquired Oct. 10 from First Sentier Investors Holdings Pty. Ltd. and Morgan Stanley.