A yen for LBOs

6 October 2017 By Quentin Webb

Western private equity firms are no longer getting a frosty reception in Tokyo. Bain’s $18 bln deal for Toshiba’s chip unit is a special case, but rival KKR has notched up big deals with Nissan, Hitachi and Panasonic. Patience helps. So does a sense of crisis among sellers.

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