Sponsored Ad | Remote - Leaderboard

Japan firms must get used to reverse break-up fees after Nippon Steel's $565m blow

Japan firms must get used to reverse break-up fees after Nippon Steel's $565m blow

FILE PHOTO: Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan, April 1, 2024. REUTERS/Issei Kato/File Photo

Japanese suitors face a heightened chance of U.S. targets baking in hefty termination fees to protect against a deal collapsing due to regulatory or political reasons, following Nippon Steel’s stranded $14.9 billion bid for U.S. Steel.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter