Mega buyouts can support, not hinder Japan Inc's reform despite Toyota deal

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Mega buyouts can support, not hinder Japan Inc's reform despite Toyota deal - Business Standard

Quick Summary:

Recall that members of the founding family behind Takeda Pharmaceutical Co.were among shareholders who opposed the drugmaker’s $62 billion offer for Shire Plc in 2018, a bold transformational deal that went ahead.

Is that bad news for the reform effort? Not necessarily.Toyota Motor Corp.

A buyout would be ambitious even if Toyota Motor rolled over its stake.