Nomura's Global Growth: Picking Up Pieces of Lehman

Posted: 5 Sep 2009

See all articles by C. Fritz Foley

C. Fritz Foley

Harvard University - Business School (HBS); National Bureau of Economic Research (NBER)

Linnea N. Meyer

Harvard Business School - Finance Unit

Date Written: August 25, 2009

Abstract

What issues commonly arise in international financial management? Kenichi Watanabe and Takumi Shibata, CEO and COO of Nomura Holdings Inc., one of the leading investment banks in Asia, have the opportunity to expand their firm internationally through the acquisition of various parts of Lehman Brothers, an insolvent global investment bank. In evaluating this opportunity, students must consider the complexities of such expansion, including the challenges posed by a multinational insolvency, the difficulties of post-merger integration in a cross-border acquisition, and more general issues related to currency hedging and international taxation.

Suggested Citation

Foley, C. Fritz and Meyer, Linnea N., Nomura's Global Growth: Picking Up Pieces of Lehman (August 25, 2009). HBS Case No. 210017, Harvard Business School Finance Unit, Available at SSRN: https://ssrn.com/abstract=1467616

C. Fritz Foley (Contact Author)

Harvard University - Business School (HBS) ( email )

Soldiers Field Road
Morgan 270C
Boston, MA 02163
United States
617-495-6375 (Phone)

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Linnea N. Meyer

Harvard Business School - Finance Unit ( email )

Boston, MA 02163
United States

Do you have negative results from your research you’d like to share?

Paper statistics

Abstract Views
1,336
PlumX Metrics