|
|
Article: Recent Developments In Takeover Defense Discussions In Japan.
- Article from:
- Mondaq Business Briefing
- Article date:
- September 30, 2008
CopyrightCOPYRIGHT 2008 Mondaq Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
The corporate value study group, comprising leading scholars and practitioners and orchestrated by the Ministry of Trade, Economy and Industry of Japan ("METI"), has recently issued a report on takeover defense measures (the "2008 Report"). The 2008 Report, issued on June 30, 2008, is neither a document with any legally binding effect nor a formal report of a government agency. However, it is expected to have a great impact on M&A activities in Japan because the 2008 Report reflects the views of both leading practitioners and academia and, above all, is intended to lay a foundation for a level playing field in M&A activities in Japan. This Commentary summarizes the ...