Is it takeover time?
Article Abstract:
Japanese company Bridgestone Corp. is seeing increased foreign ownership and trading of its shares stemming from its Firestone tire crisis last August. Overseas investors are active traders in the Japanese stock market, owning 18.6% of shares, up from just 4% a decade ago. Although Bridgestone seems ripe for a takeover soon, the company still has a large amount of reliable, long-term shareholders to ensure its stability in the competitive foreign shareholders market.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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Bank of Japan pumps more money into the economy
Article Abstract:
The Bank of Japan has relaxed credit again and hopes to spur the economy by flooding it with money via a controversial "quantitative easing" policy, which so far has caused overnight interest rates to drop to nearly zero. Private-sector lenders' cash reserves at the bank should stand at six trillion yen.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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Climate for hostile takeovers warms up in Japan
Article Abstract:
Japanese companies that have large amounts of cash on their books are attractive to corporate-takeover artists. Poorly managed companies in these positions are increasingly in danger of hostile takeovers as cross-shareholdings in Japan break down due to changing rules and falling stock prices.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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