Report
Japanese firms unwind $56 billion in cross-shareholdings, second-most on record
Nikkei Asia reports holdings are down 30% in three years as companies seek to improve asset performance.
TLDR
Nikkei Asia reports that Japanese firms unwound $56 billion in cross-shareholdings, the second-most on record. It says holdings are down 30% in three years as companies look to improve asset performance.
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