Quentin Webb is an Associate Editor at Reuters Breakingviews. He covers mergers and acquisitions, corporate finance and private equity in Asia. He joined the Hong Kong bureau in May 2015 after four years in London. Before becoming a columnist, he was a news reporter for Reuters, where his last role was as European M&A correspondent. He has also worked as a correspondent in Brussels and as a credit-markets reporter. Follow Quentin on Twitter @qtwebb
- Tel: +852 2843 6398
- E-mail: firstname.lastname@example.org
The ailing electronics firm is leaning towards a deal with Taiwan’s Foxconn over a domestic bailout. Sharp’s current shareholders may yet suffer. But at least the board seems to be taking its duties to them seriously - just as should happen in the new investor-friendly Japan.
A near-$44 bln takeover of Swiss agribusiness Syngenta would be one of the biggest deals ever struck by an unlisted buyer. That calls for a monstrous funding package. The target could probably shoulder $16 bln or so of new debt. Big Chinese banks will also need to step up.
Japan’s Fanuc smartened up after activist Dan Loeb took a stake: hiking dividends, cancelling stock, and actually talking to investors. But dismal results reflect the challenges posed by a slowing China and weaker smartphone demand. That’s not something financial policy can fix.
- Japan’s Abe loses a shield but keeps his armour
- Aussie port and rail battle defies market gravity
- Toyota can make handy tune-up with Daihatsu
- Japan's shareholder-friendly era faces Sharp test
- Foxconn is better off without Sharp
- China's foreign M&A can keep defying gravity
- Chip giant's revival is partial success for Japan