Daiwa House Logistics Trust IPO: The Flow of Things
DHLT has launched an SGX IPO to raise gross proceeds of S$464 million ($343 million). Overall, we believe that DHLT offers an attractive value...
421 Views
Japan's Governance: TOB of Own Stock
More listed subsidiaries will acquire own stock from their parent companies through TOB. It's not easy to dissolve a parent-subsidiary listing, but...
275 Views
The Walmart Japan Sell Off: A Huge Gain for Rakuten
We predicted the sale of Seiyu by Walmart to Rakuten and this is now happening (with KKR funding). It is a huge step for Rakuten in the war for...
256 Views
Familymart: What's Next? And Will Mitsubishi React?
Itochu initiated a buyout for an additional 10% of Familymart shares over the summer. The move is widely seen as Itochu taking full advantage of a...
338 Views
Keeping It in the Family: Why Familymart Is Worth so Much More to Itochu
Itochu's plans for Familymart are about a lot more than control – it has had effective control for years anyway. There is a much bigger story: the...
630 Views