Mitsubishi UFJ Asset Management Invests $1.48 Billion in Procter & Gamble

Mitsubishi UFJ Asset Management Co. Ltd., a Japanese asset management firm, has invested $1.48 billion in Procter & Gamble Company (NYSE: PG) through its latest Form 13F filing with the SEC.

The investment is comprised of approximately 10,097,178 shares of PG's stock, which is valued at around $1.48 billion.

This acquisition represents a significant stake in Procter & Gamble for Mitsubishi UFJ Asset Management Co. Ltd., as it comprises about 0.8% of its investment portfolio and ranks as the firm's 20th largest position.