Ashikaga Bank Bidding: Don’t Bother, Overseas Businesses

September 20, 2007
By Ken Worsley


Were you planning to make a bid for state-controlled Ashikaga Bank? Well, don’t bother unless you’re Japanese. It seems as though the Financial Services Agency is set to exclude foreign businesses from bidding for control of the regional bank.

We’re forced to wonder how much the winning bid might already be set at.

Comments

2 Responses to “Ashikaga Bank Bidding: Don’t Bother, Overseas Businesses”

  1. Mac Fan on September 27th, 2007 3:57 am

    What do the Japanese know?

    They are only the world’s largest creditor and an economic superpower.

  2. Ken Worsley on September 27th, 2007 11:47 pm

    Mac Fan, how does your comment relate to the post?

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