4 days ago
Japan's Hostile Takeover Boom Raises Risks for Megabanks
Hi, it's Taro Fuse in Tokyo, looking at how Japan's megabanks are responding to the rising level of hostile bids in the country. Also today, Ascension Health is nearing a $3.9 billion deal for surgery centers and the 49ers empire now includes Scotland.
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Japanese megabanks play a powerful role in the country's business landscape—forming deep roots with their corporate customers over the decades through lending relationships, advisory work and even owning stakes.
