Japan Achievement Awards 2009: Day 1

We reveal the best deals of 2009 in our fourth annual Achievement Awards for Japan.

Japan Achievement Awards 2009: Day 1
Kirin's takeover of Lion Nathan is awarded as Deal of the Year

Japan's financial markets were characterised by desperate and defensive deals in 2009. Our awards reflect this, to be sure, but we have also tried to recognise deals that were positive or showed long-term strategic vision.

Kirin's acquisition of Lion Nathan in Australia was just such a deal. This A$3.3 billion $3 billion acquisition is part of a clear strategic direction that the company has followed during the past few years -- to escape Japan's tortoise economy and capture growth overseas....

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