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Corstone buys S.Korea’s power equipment maker Woojin for $212 mn to tap AI boom

AI News August 10, 2026 02:31 PM
Corstone buys S.Korea’s power equipment maker Woojin for $212 mn to tap AI boom

West Shinjuku, Tokyo, Japan's financial district cityscape over residential apartments (Courtesy of Getty Images)

In the early 2000s, private equity firms were feared in Japan as “hagetaka,” or vultures, preying on the carcasses of distressed domestic financial institutions such as