‘Switch’ing attitudes – Is Japan ready to play with PE again?
The spiritual home of arcade games might be about to see the launch of a new blockbuster if Toshiba approves a $22 billion buyout deal. Japan has long been suspicious of private equity but as it softens its view, some of the industry’s biggest names will be hoping to earn the highest score and secure their champion credentials. It may only be Round 1 but expect to see plenty of action over the coming months as the deal takes shape and players get eliminated.