Record boom in deals fuels upbeat M&A outlook


Hot market: A display shows the daily movement of the Nikkei Stock Average in Tokyo. Deal-making in Japan is incredibly busy right now, investment bankers say. — AFP

TOKYO: It’s been a record year for deals involving Japanese companies, with transaction volume approaching US$350bil as December draws to a close. And next year is poised to be even busier.  

Corporate governance reforms aimed at improving shareholder returns are helping to transform Japan into a hive of activity – the days when it was seen as a slow market with an occasional megadeal thrown in are disappearing fast. 

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