Ann: Wrkr and Link to deploy new employer platform in Hong Kong, page-5

  1. 361 Posts.
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    Hello Lucretious,
    It would be better for Wrkr as Mitsubishi are looking to expand their business with the purchase of Link.
    They have deeper pockets than Link and a greater depth of international financial services.
    Mitsubishi is one of the largest financial conglomerates in the world.
    Here is the link to Mitsubishi's website https://www.tr.mufg.jp/english/ for your own assessment.
    Here is the announcement by Mitsubishi re the acquisition of Link https://www.tr.mufg.jp/english/pressreleases/pdf/20231218_1.pdf
    It adds a short term complication with Wrkr needing to tick a few more boxes to get things done with Link/Mitsubishi, but as you can see from todays announcement, while this deal was held up by a few more weeks, neither Link nor Mitsubishi would want to impede the need to use Wrkr's digital services to help grow Link's business and or maintain customers.
    Ian
 
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