Japanese volatility prompts firms to change course
In light of the market volatility prompted by last week’s devastating 9.0-magnitude earthquake in Japan, the plans of at least two private equity-related companies have been delayed to await a more stable business environment.
The deadline for bidders of distressed consumer lender Takefuji Co. has shifted from March 22 to March 31. This affects its supposed acquisition suitors TPG Capital, Cerberus Capital Management, domestic...
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