State-owned Japan bank picks 5% in Asia-focused M&A advisor BDA Partners

Japanese government-owned Development Bank of Japan (DBJ) has made an investment to pick 5 per cent stake in New York-headquartered investment banker and M&A advisor BDA Partners.

This is seen as a move by the Japanese banker to support growing outbound M&A by the country into Southeast Asia where BDA has been active for over a decade.

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