Japan Inc. M & A's big spenders Dec 22, 2015
Post# of 22456
Posted On: 12/26/2015 10:34:15 AM
Japan Inc. M & A's big spenders
Dec 22, 2015
"Hideo Takasaki, the CEO of Nitto Denko, the world's biggest maker of optical films used on Apple's iPhone screens,
is looking hard at a list of overseas targets brought to him by both bankers and his employees."
"Nitto Denko, like many Japanese parts suppliers needs new applications and markets from cars to healthcare to reduce its
reliance on smartphone sales. The company has a budget of Y150bn ($1.2bn) for M & A and other investments to be completed
by the 2017 - 18 financial year. "We want to buy speed so we are willing to pay apremium," Mr. Takasaki says."
http://www.ft.com/intl/cms/s/0/ad7d340e-a4c0-...z3vRK7EXn3
.....I hope QTMM maintains it independence, but we know ND is looking for acquisitions to propel future growth.
Looking Forward
Dec 22, 2015
"Hideo Takasaki, the CEO of Nitto Denko, the world's biggest maker of optical films used on Apple's iPhone screens,
is looking hard at a list of overseas targets brought to him by both bankers and his employees."
"Nitto Denko, like many Japanese parts suppliers needs new applications and markets from cars to healthcare to reduce its
reliance on smartphone sales. The company has a budget of Y150bn ($1.2bn) for M & A and other investments to be completed
by the 2017 - 18 financial year. "We want to buy speed so we are willing to pay apremium," Mr. Takasaki says."
http://www.ft.com/intl/cms/s/0/ad7d340e-a4c0-...z3vRK7EXn3
.....I hope QTMM maintains it independence, but we know ND is looking for acquisitions to propel future growth.
Looking Forward
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