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Biotech / Medical : XOMA. Bull or Bear? -- Ignore unavailable to you. Want to Upgrade?


To: Robert K. who wrote (6687)7/15/1998 7:07:00 AM
From: Tharos  Respond to of 17367
 
Mitsui Bank has announced a merger with Prudential. This is in line with what I perceived the avenue would be for saving weak banks in Asia. If you want a market presence in a newly opened market, it is much cheaper to buy a portion of an existing firm than it is to try and gain market presence starting from scratch. I am sure that behind the scenes the Japanese govt is doing all it can to insure these mergers/buyouts go smoothly.

The Foreign Minister is positioning himself to be the new Japanese Prime Minister.