Japan to open path for stock-based overseas M&A deals

Legal changes will aim to encourage more international acquisitions

20240528N City of London

The City of London. Japanese companies are pursuing more overseas acquisitions. (Photo by Kosaku Mimura)

KOSUKE TAKEUCHI, Nikkei staff writer

TOKYO -- Japan is moving to broaden companies' options for using their own shares in acquisitions, seeking to smooth the way for more global deals, Nikkei has learned.

Changes to be proposed as early as 2025 to the Companies Act would allow a method called share delivery to be used to acquire stakes in foreign companies.

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