Tag - acquisitions

 
 

ACQUISITIONS

Bain Capital partner Masashi Suekane during an interview last month
BUSINESS / Markets
Jul 5, 2024
Bain Capital to invest ¥5 trillion in Japan over five years
Bain Capital plans to increase its workforce in Japan and has established a team to help firms make effective use of their real estate with low profitability.
Lufthansa planes in Frankfurt on March 7
BUSINESS
Jul 4, 2024
EU's airline deal demands fuel doubts over further attempts
While the deal expands Lufthansa's footprint in southern Europe, the combined group will have to cede some routes and slots to rivals for it to proceed.
Masahiko Kato, president and chief executive officer of Mizuho Bank
BUSINESS / Companies
Jul 3, 2024
Mizuho seeks to back more strategic deals by Japan’s mid-caps
Though companies such as automakers grab the attention of global investors, smaller firms dominate in terms of the number of companies in Japan.
Japan's Universal Entertainment is dropping a plan to buy PH Resorts' gaming project in the central Philippines.
BUSINESS / Companies
Jul 2, 2024
Japan's Universal scraps plan to buy central Philippines casino
Shares in PH Resorts slumped as much as 29% to a nine-month intraday low following the disclosure.
Mizuho Financial Group is hiring more bankers to capitalize on its recent acquisition of Greenhill.
BUSINESS / Companies
Jun 25, 2024
Mizuho hiring bankers for U.S. expansion after Greenhill takeover
Mizuho Financial Group is hiring more bankers to capitalize on its recent acquisition of Greenhill.
Blackstone will look to grow original content from Infocom’s network of manga artists, developing more works around themes enjoyed by its reader base of women.
BUSINESS
Jun 18, 2024
Blackstone taps steamy romance manga fans in $1.7 billion deal
The deal will allow the world’s largest alternative asset manager to tap into Japan’s digital manga market.
Glen Fukushima, former deputy assistant to the U.S. Trade Representative for Japan and China, is interviewed in New York last week.
BUSINESS / Companies
Jun 11, 2024
U.S. Steel buyout may be approved if Biden reelected, former U.S. official says
Pennsylvania, where U.S. Steel's headquarters is located, is regarded as one of the swing states that will decide the outcome of the U.S. presidential election.
Takahiro Mori, the key negotiator for the U.S. Steel deal, is attempting to close the deal amid growing regulatory scrutiny and political opposition.
BUSINESS
Jun 8, 2024
Nippon Steel executive sees positive reaction from U.S. Steel workers
Takahiro Mori, the key negotiator for the U.S. Steel deal, is attempting to close the deal amid growing regulatory scrutiny and political opposition.
The U.S. Federal Trade Commission has filed a lawsuit seeking to break up the social networking giant Meta.
BUSINESS / Companies
Jun 5, 2024
Meta withheld information on Instagram and WhatsApp deals, FTC says
The company formerly known as Facebook bought photo-sharing app Instagram in 2012 and the messaging app WhatsApp in 2014.
Tokyo Gas storage tanks in Tokyo. The firm is looking to add more U.S. natural gas assets.
BUSINESS / Companies
Jun 3, 2024
Tokyo Gas seeks more U.S. natural gas assets, president says
Japan's top city gas supplier is aiming to expand its gas-related businesses in North America after its recent acquisition of a U.S. shale gas producer.
Nippon Steel's proposed acquisition of U.S. Steel would give it greater access to the profitable U.S. market and further its long-term financial goals.
BUSINESS / Companies
Jun 3, 2024
Nippon Steel's Mori hints at selling some assets to aid U.S. Steel deal
The firm's vice chairman plans to return to the United States this week for more talks over the proposed acquisition.
Japan Times
BUSINESS
May 21, 2024
Carlyle raises $2.8 billion for largest Japan buyout fund
It’s the largest Japan-focused buyout fund ever raised, according to Carlyle, and about 70% bigger than the previous one it pulled together in 2021.
Nippon Steel, Japan’s top steelmaker, is sending Vice Chairman and Executive Vice President Takahiro Mori to Pittsburgh next week where he’ll meet with local staff and elected officials.
BUSINESS / Companies
May 18, 2024
Nippon Steel boosts efforts to woo U.S. Steel workers and politicians
Japan’s top steelmaker is sending Vice Chairman and Executive Vice President Takahiro Mori to Pittsburgh, where he’ll meet with local staff and elected officials.
Toshiba announced on Thursday that it would cut up to 4,000 jobs as part of a restructuring plan.
BUSINESS / Companies
May 17, 2024
Toshiba takes advantage of private status to chart new course
The company has announced that it will cut up to 4,000 jobs as part of a restructuring.
Toshiba is cutting up to 4,000 jobs and relocating its head office from Tokyo to Kawasaki as part of its restructuring efforts.
BUSINESS / Companies
May 16, 2024
Toshiba to cut 4,000 jobs in restructuring effort under new ownership
Toshiba delisted in December due to a ¥2 trillion takeover by a consortium led by a private equity firm, capping a decade of scandal and upheaval.
French President Emmanuel Macron during an interview on the fringes of the Choose France summit in Versailles, France, on Monday
BUSINESS / Companies
May 14, 2024
Macron puts French banks in play with plan to transform Europe
Macron has been trying to persuade his EU partners to embrace reforms that he says would turn the bloc into a more united and powerful economic force.
Steelmakers' concerns about BHP's coking coal market power could derail a deal between BHP and Anglo American.
BUSINESS / Companies
May 10, 2024
BHP-Anglo American deal raises alarm in Japan's steel industry
Australia is the world's biggest exporter of coking coal and top supplier to Japan, making up around 60% of its imports.
The United States Steel's plant in Braddock, Pennsylvania. Nippon Steel is sticking to its plan to close a deal by year-end to buy U.S. Steel.
BUSINESS / Companies
May 9, 2024
Japan's Nippon Steel sticks to plan to close U.S. Steel deal by year-end
The takeover should bring Nippon Steel's global crude steel capacity to 86 million tons per year, close to its goal of 100 million.
SoftBank Group is in talks to acquire Graphcore, a struggling British semiconductor startup.
BUSINESS / Companies
May 9, 2024
SoftBank said to be in talks to buy troubled AI chip firm Graphcore
Graphcore reported just $2.7 million in revenue for 2022, a 46% drop from the prior year, according to its latest financial report.
Sony’s shares have dropped more than 5% this year, compared with a 16% gain in the Topix index, amid a global electronics slump.
BUSINESS / Companies
May 7, 2024
Sony shares fall as offer for Paramount spurs financing concerns
Investors are worried because the $26 billion proposal is larger than the Japanese electronics company's cash holdings.

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