The Economist (December 17)
2011/ 12/ 19 by jd in Global News
“Japanese firms spent a record $80 billion on some 620 foreign companies in 2011…, exceeding the previous record of 466 deals worth $75 billion in 2008.” This major shopping spree is different. Corporate Japan’s acquisitions of the 1980s showed strength. “This time, it is a symptom of weakness.” Multiple calamities made 2011 “wretched” for Japan and, due to long-term demographics, “Japanese firms find it nearly impossible to expand domestically.”
Tags: 2011, Calamities, Demographics, Japan, M&A, Overseas
