TOKYO -- Japan's Daiwa Securities Group is making further inroads abroad into mergers and acquisitions advisory services, with plans to spend a combined $100 million or more to place two U.S.-based players under its wing.
The company will announce as soon as Thursday plans to acquire Signal Hill, an American independent advisory that focuses on mergers and acquisitions in the technology sector. It has six branches across the U.S., including in New York and San Francisco, in addition to a joint venture in India.