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Japan Post weighs its options following failed takeover bid

Nomura Real Estate deal falls through, forcing a return to the company's roots

Japan Post Holdings' failed attempt to acquire Nomura Real Estate Holdings is forcing a rethink at the company.

TOKYO -- Japan Post Holdings said Monday that it has called off its planned acquisition of Nomura Real Estate Holdings, after failing to dispel concerns about the size of the purchase.

With growth by takeovers unlikely due to the poor performance of Japan Post's Australian logistics unit, the company is under pressure to rethink its strategy.

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