[lbo-talk] Japan to tighten guidelines for management buyouts

uvj at vsnl.com uvj at vsnl.com
Sun Sep 2 17:33:48 PDT 2007


Reuters.com

UPDATE 2-Japan to tighten guidelines for management buyouts http://www.reuters.com/article/governmentFilingsNews/idUST9012420070718?sp=true

Wed Jul 18, 2007

(Adds background, details)

By Nathan Layne and Alison Tudor

TOKYO, July 18 (Reuters) - Japan's government is putting together stricter guidelines for buyouts amid growing criticism that minority shareholders are being fleeced by managers taking their companies private on the cheap. The guidelines, which call for better disclosure, a minimum period for the length of a tender offer, and the use of independent panels to protect shareholders, coincide with a sharp increase in the number buyouts over the past few years. http://www.reuters.com/article/governmentFilingsNews/idUST9012420070718?sp=true



More information about the lbo-talk mailing list