Every year or two, a big Japanese conglomerate bolts from the blue to snap up a well-known Australian company.
The deals are always clean, at hefty premiums and swift, at least from the market’s perspective.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com