TOKYO (Reuters) - Japan's Mitsubishi UFJ Financial Group said on Monday it has invested $9 billion in U.S. Morgan Stanley under revised terms.
Mitsubishi UFJ, Japan's largest bank, said it bought the 21 percent stake in terms of voting rights entirely in preferred shares, against a previous plan to buy both common stock and preferred shares.
Mitsubishi UFJ had been seeking more favorable terms for the deal following a slide in Morgan Stanley's share price.
(Reporting by Taro Fuse; Editing by David Holmes)
