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Japan/China: Island dispute may be causing delayed merger approvals

 |  October 31, 2012

At a time of tense relations between the nations due to a territorial dispute over island ownership, China reportedly “takes its time” when reviewing Japanese merger deals. Most recently, Chinese antitrust regulators continue to review a proposed acquisition of Asgis Group by Japan’s Dentsu Inc., a $5 billion deal. Japan had expected the deal to close between October and December, and China remains the last antitrust authority to rule on the matter. China’s Ministry of Commerce did not comment. China and Japan are currently in dispute over the ownership of islands known as Senkaku in Japan and Diaoyu in China.

Full Content: Wall Street Journal

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