Jul
31
Japan Inc. Is Decluttering—and Foreign Investors Love the Look
ByGrowing pressure to improve returns and corporate governance is straining the ownership ties that bind many public companies together
TOKYO—Time may be running short for the Japanese conglomerate.
Growing pressure to improve returns and corporate governance is straining the decades-old ownership ties that bind many public companies together in the world’s third-largest economy. That is creating openings for foreign investors, with private-equity firms such as KKR & Co. Inc. buying out corporate subsidiaries, and hedge funds like Elliott Management Corp. betting on current or future takeover targets…
Japan Inc. Is Decluttering—and Foreign Investors Love the Look
