Financial Times FT.com

Foreign investors: A tough nut to crack

By David Pilling

Published: March 13 2007 09:50 | Last updated: March 13 2007 09:50

What marks out Renault from DaimlerChrysler, Chanel from Carrefour, AIG from Merrill Lynch and IBM Japan from Vodafone?

The comparisons may not be strictly fair. But while the French carmaker, Parisian fashion house, US insurer and US IT services company are commonly judged to have done pretty well in Japan, the German-US car manufacturer, French supermarket chain, US securities firm and UK telecoms company have had notable – in some cases terminal – setbacks.

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