Surge in foreign bids for Japanese firms only just beginning, says BofA's Komori

Japanese Firms News

Surge in foreign bids for Japanese firms only just beginning, says BofA's Komori
Yuta KomoriBank Of AmericaTakeover Bids
  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 22 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 63%

A surge in foreign takeover bids for Japanese firms is likely to accelerate, with a focus on those undergoing significant change in management, said Bank of ...

TOKYO - A surge in foreign takeover bids for Japanese firms is likely to accelerate, with a focus on those undergoing significant change in management, said Bank of America's co-head of Japan investment banking, Yuta Komori .

"Just as there are options to bolster one's business domestically or to go overseas and strengthen it, there are naturally options to improve corporate value by partnering with foreign companies."Canada's Alimentation Couche-Tard on Aug. 19 said it had approached 7-Eleven convenience store operator Seven & i about a potential takeover, in what would be the largest-ever foreign buyout of a Japanese company.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooFinanceCA /  🏆 47. in CA

Yuta Komori Bank Of America Takeover Bids Japanese Companies Foreign Companies Acquisition Binge Japan

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘Must-know stats for investors’ from a BofA investment strategist‘Must-know stats for investors’ from a BofA investment strategistDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Read more »

BofA’s ‘Canada Cycle Indicator’ points to TSX outperforming S&P 500 for next 12 monthsBofA’s ‘Canada Cycle Indicator’ points to TSX outperforming S&P 500 for next 12 monthsDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Read more »

American Express downgraded to Neutral by BofA SecuritiesAmerican Express downgraded to Neutral by BofA SecuritiesBofA Securities downgrades the stock of financial services company American Express (AXP) from a Buy rating to Neutral while analysts hold their price target...
Read more »

Swap Bonds for Commodities in 60/40 Funds, BofA Strategists SaySwap Bonds for Commodities in 60/40 Funds, BofA Strategists Say(Bloomberg) -- Investors pursuing widely followed 60/40 strategies should consider swapping out bonds for commodities, according to strategists at Bank of...
Read more »

Elastic shares sink after slashing guidance, BofA downgradeElastic shares sink after slashing guidance, BofA downgradeShares of Elastic (ESTC) plunged on Friday. The company's second quarter revenue guidance disappointed Wall Street. Meanwhile, Bank of America downgraded...
Read more »

Buffett Dumps BofA Stock Again, and Soon He May Trade in SecretBuffett Dumps BofA Stock Again, and Soon He May Trade in Secret(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. won’t have to swiftly disclose its rapid-fire sales of Bank of America Corp. stock too much longer...
Read more »



Render Time: 2025-02-19 09:08:10