Friday, December 21, 2007

Goldman going to Japan – Lucky them!

UPDATE 2-Goldman, M.Stanley bid for Daito stake-sources

Goldman Sachs and investment firm Aetos Capital LLC are also interested in acquiring Daito, the sources said, and the value of the deal could ultimately exceed $10 billion. Land prices in Japan started to pick up last year for the first time in 16 years against a backdrop of an economic recovery. With interest rates in Japan near rock bottom, the low cost of funding has made Japanese assets attractive.

Posted by stevie dee @ 03:40 AM (533 views)
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