Monday, April 30, 2007

Japan caught in the grip of merger mania

April 29 - Taipei Times - A new law taking effect on Tuesday will make it easier for foreign companies to buy Japanese rivals through share swaps.

Time was when Japan Inc shunned the heady world of corporate raiders as a vulture club anathema to the country's consensus culture. But in a sign of new openness in the world's second-largest economy, merger mania has gripped the country and homegrown firms are now among the hunted as well as the hunters. Read More.

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