Fueled by the strong yen, cheap borrowing and ample cash, Japanese firms are going after everything from trading houses to pharmaceutical companies to technology companies.
Toshiba Corp.'s $850 million purchase of International Business Machines Corp.'s point-of-sale systems used in retail stores, announced Tuesday, brings the amount spent on outbound deals to $23 billion this year, according to data provider Dealogic. (Wall Street Journal)
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