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2024-04-01 | Current Affairs

Japanese Banks Embrace Hostile Takeovers Following New Guidelines 

Today’s News  Japanese banks are showing a newfound openness towards financing hostile takeovers, a shift attributed to the government’s recent revision of takeover guidelines.   Akihiro Fukutome, the newly appointed head of the Japanese Bankers Association, highlighted this change in an interview, stating that “Banks were previously worried about reputational risks” in helping unsolicited bids. He […]