Dentsu is paying a huge 48% premium over the last closing price for the object of its desire -- marketing group Aegis, making the takeover deal worth about US$5bn.
Japan's established parties should be worried about mayor of Osaka Toru Hashimoto's popularity, especially after his earlier strident anti-nuclear stance. He is quite smart, although prone to some bizarre personal values.
Now that the rise in Consumption Tax is all but assured, we think there are some very interesting changes in store for how the Japanese Government and Japanese companies think about making money.
Apart from the size, what made this demo unusual is that it wasn't organized by a specific political group. You had moms with babies, salarymen, senior citizens, Buddhist priests, and people from all walks of life.