I have just read a report written by Kris Sayce. The link is below
http://www.moneymorning.com.au/20121018/japanese-companies-are-on-a-new-buying-spree.html#more-18197
Basically Kris reports on what has been happening in Japan, With several of there big companies taking stakes in overseas companies.
Part of it is here :-
Take Takeda Pharmaceutical, for instance. Their recent buying spree includes:
$13.7 billion for Swiss drug maker Nycomed
$800 million in cash for Philly-based URL Pharma Inc.
$248 million to gobble up Brazilian company Multilab Industria e Comercio de Productos Farmaceuticos Ltda.
And $60 million paid in a lump sum up front to purchase Montana based LigoCyte Pharmaceuticals
All of them allow Takeda to pursue global vaccines while offering the kind of diversification and cash flow not possible in Japan itself.
Plus with an ageing popoulation maybe a Japanese company could take a stake in BNE
Maybe wishful thinking.
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