TOKYO -- Hong Kong-based investment firm PAG looks to build up its private equity portfolio in Japan through deals worth hundreds of millions to a few billion dollars each, as Japanese companies increasingly divest noncore operations.
Finance
Investor PAG hunts for billion-dollar private equity deals in Japan
Asia-focused fund adds two specialists to scoop up noncore ops in corporate overhauls
"Carveouts" by corporations looking to make their operations leaner have become a promising area for private equity investors in Japan. (Photo by Tsuneyoshi Kenmochi)
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