Rothschild plans to enter M&A business in Japan
Feb 8, 2001
Major European financial institution N.M. Rothschild & Sons Ltd. will enter Japan’s accelerating merger-and-acquisition market, officials at the group’s Japan office said Wednesday.
Rothschild Japan KK has so far been engaged primarily in the gathering of information on Japanese companies, but has recently hired 10 more M&A specialists, the officials said.
Rothschild Japan plans to increase that number to a maximum of 50 in the next few years and handle large M&A deals in the electronics and auto fields and other industries that are internationally competitive, said Clive Galliver, president of the office.
The London-based institution believes the ongoing realignment of Japan’s industries will be accelerated amid the lingering economic lethargy and intensified international competition, the officials said.
It will aim to assist Japanese companies in acquiring European businesses and foreign firms in their investments in Japan, they said.
Through a network of 40 offices in more than 30 countries, Rothschild provides corporate and resource banking, treasury, investment banking, fund management, private banking and trust services to governments, corporations and individuals worldwide.
Its investment banking division, staffed by some 2,000 employees worldwide, has strength in M&As in Europe, the officials said.
The Japan unit is considering in the future applying the group’s expertise in privatizing government-affiliated corporations in Japan as well, they said.
