You are here

Japan firms post 2 trillion yen of writedowns in wake of biggest overseas buying spree

Even so, national demographics could push them to gobble up offshore assets at an even faster pace


JAPAN Inc, which has been snapping up everything from drugmakers to beer brands in its biggest overseas acquisition spree on record, is beginning to feel the pain from some of the soured deals of the past.

Companies in Japan booked at least two trillion yen (S$25 billion) of

Market voices on:

Powered by GET.comGetCom