Japan M&A deals hit record high, fueled by private equity

Japan M&A deals hit record high, fueled by private equity

FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid/File Photo

Last year was the busiest year for Japan-related mergers and acquisitions in data going back to 1985, thanks partly to private equity funds snapping up businesses being shed by companies increasingly focused on capital efficiency.