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Governance brings an M&A bounty to Japan

A generation of bank-funded conglomerates is belatedly discovering corporate governance. The resulting divestment of non-core assets has private equity and foreign investment banks excited. Those that have stayed the course are well placed to benefit.


Although the field of foreign investment banks active in Japan has dramatically thinned over the years, those that have stayed the course are in an unusually bright frame of mind today.

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