Unfriendly Takeovers



This chapter will not only cover theories related to unfriendly takeovers, but will also outline several cases of unfriendly takeovers in Japan within the past 40 years. In recent years the amount of unfriendly takeovers taking place has been increasing in Japan. Furthermore the acquisition of Sanyo Denki by Panasonic and the hostile takeover attempt of Noritz Kitchen by Steel Partners will be presented. Also, the defense measures against unfriendly, also known as “poison pills” will be discussed.


Hedge Fund Japanese Firm Target Firm Hostile Takeover Tender Offer 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer Japan 2015

Authors and Affiliations

  1. 1.Kobe University Research Institute for Economics & Business Administration (RIEB)KobeJapan

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