Crossroads

At the intersection of technology, finance and the Pacific Rim.

Wednesday, July 09, 2008

Japanese Banks and AB

Deal Book, the blog of the NY Times, writes of Japanese financial institutions:

"With Japan’s economy looking healthier than it has in years, and asset prices falling in the West, the Japanese could become aggressive deal makers after nearly two decades of more muted activity.

That’s because “it is difficult for Japanese banks to expect much in terms of growth for their domestic operations,” Shinichi Ina, an analyst at Credit Suisse, wrote in a recent note to investors. “So the situation could present attractive opportunities to lift non-organic growth by tapping overseas markets likely to support expansion.”

And in other action, Anheuser Busch is suing InBev. For details, the court document is here. It makes for interesting reading.

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