Strong Yen, Weak Competition Fire Up Outbound Japanese M&A

Law360, New York (November 21, 2012, 4:52 PM EST) -- Japanese buyers have inked a string of big-ticket acquisitions of overseas companies in recent months as the country's corporate mindset, once skeptical of cross-border transactions, shifts to harness a strong yen and dampened global competition in a trend attorneys say is shaping the future of international dealmaking.

Telecommunications giant Softbank Corp. last month paid $20 billion for a 70 percent stake in U.S. wireless provider Sprint Nextel Corp. to mark the largest-ever outbound deal for a Japanese company, but the flurry of activity spans an array...
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