Ja­pan bank buys 5% stake in BDA Part­ners


Sin­ga­pore: Ja­panese gov­ern­ment-owned De­vel­op­ment Bank of Ja­pan (DBJ) has pur­chased a 5% stake in New York-based in­vest­ment banker and merger and ac­qui­si­tion (M&A) ad­vi­sor BDA Part­ners, ac­cord­ing to an an­nounce­ment on 8 Septem­ber. This is seen as a move by the Ja­panese banker to sup­port out­bound M&AS into South-east Asia, where BDA has been ac­tive for over a decade.

The Ja­panese bank will own the 5% stake in the en­larged equity of Asia-fo­cused BDA which will have ac­cess to fu­ture equity from DBJ, at BDA’S dis­cre­tion,. Ad­di­tional terms of the deal were not dis­closed. “The two firms will jointly pur­sue M&A ad­vi­sory and cap­i­tal rais­ing man­dates con­nect­ing Ja­pan with the rest of Asia, Europe and the US. Through this part­ner­ship, BDA will en­hance its abil­ity to serve clients in sell­ing com­pa­nies to Ja­panese buy­ers. DBJ’S clients will also gain ac­cess to top qual­ity ac­qui­si­tion tar­gets world­wide, with ad­vi­sory sup­port from BDA,” the an­nounce­ment said.

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