Japanese firms bank on M&A deals

Japanese firms bank on M&A deals

Japanese investors are increasingly striking up deals with Vietnamese partners to unlock new business opportunities. 
Sojitz Corporation acquires Saigon Paper

Sojitz Corporation acquires Saigon Paper 1

Sojitz Corporation spent $91 million acquiring 95 per cent in Saigon Paper Corporation, the largest tissue paper and industrial paper producer nationwide.
Paper firms ink deals

Paper firms ink deals

Japan-based Daio Paper and Development Bank of Japan have entered Vietnam’s paper market. Daio Paper Corporation and BridgeHead fund, an affiliate of Development Bank of Japan, last week bought a 38 per cent stake in the Ho Chi Minh City-based Saigon Paper Corporation.