A new report by Thomson Financial offers mixed signals as to whether the Japansese MA market has finally taken off.
Triggered by Vodafones recent acquisitions in the Japanese telecom sector, the total volume of cross-border MA activities into Japan has increased significantly over the first half of the year. Total cross-border MA volume in the first half was $10.87 billion, compared to $7.57 billion in the same period last year. However, the number of cross-border transactions announced in this period is down to 75 from 103 transactions last year.
The Vodafone effect means that the biggest investors in Japan are UK-based companies. With 10 transactions valued at...
