Japan, Land of the Rising Shareholders

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Japan, Land of the Rising Shareholders
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Heard on the Street: Japan’s corporate-governance reforms are throwing up opportunities

Japan’s corporate-governance reforms are throwing up opportunities. The latest: an increase in tender offers for Japanese companies.

The value of such offers in Japan jumped 43% to 2.1 trillion yen last year, the highest since 2007, according to Goldman Sachs. The 2007 record was boosted by Citigroup’s takeover of Nikko Cordial.

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