Share buy-backs and M&A drive optimism in corporate markets
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Share buy-backs and M&A drive optimism in corporate markets

Given the low cost of debt, sluggish domestic growth and poor demographic trends, it is inevitable that international M&A will continue to increase as Japanese corporations’ management looks for growth beyond Japan to boost returns and growth prospects. This is good news for debt markets, which have also been boosted by an increase in the amount of share buy-backs.

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