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Corporate News 03 Mar 2021 | 4:53 PM

Murakami-linked fund backs out of bid for Japan Asia Group

TOKYO: A Japanese fund backed by veteran activist investor Yoshiaki Murakami cancelled its offer for energy and environment firm Japan Asia Group (JAG), after pressuring private equity firm Carlyle Group to withdraw a competing bid last month.

Business 30 Dec 2020 | 7:00 AM

IPOs in Japan haven’t been this hot since the dotCom bubble

TOKYO: In a surprisingly strong year for initial public offerings globally, Japan’s 2020 market debutantes enjoyed their best opening share performances since the dotCom bubble era, helped by a groundswell of retail investors hungry for tech issues.