Tag - acquisitions

 
 

ACQUISITIONS

Japan Times
BUSINESS / Companies
Nov 7, 2022
Fate of Toshiba management causing friction for banks in buyout plan
There is concern preferred bidder JIP's plan to retain Toshiba CEO Taro Shimada and his team could impede the reorganization needed to put the firm on the road to recovery.
Japan Times
BUSINESS
Nov 4, 2022
Toshiba’s preferred bidder may miss finance deadline
Four banks that were considering whether to issue commitment letters for loans to the consortium led by Japan Industrial Partners have decided not to proceed before the cutoff date.
Japan Times
BUSINESS / Tech
Oct 28, 2022
Elon Musk's Twitter ownership begins with firings and uncertainty
Musk has offered little clarity over how he will achieve the lofty ambitions he has outlined for the influential social media platform.
Japan Times
BUSINESS / Companies
Oct 24, 2022
Toshiba valued at ¥2.4 trillion by JIP in takeover bid, sources say
A bid at u00a52.4 trillion would be worth about u00a55,541 per share, similar to Toshiba's closing price of u00a55,391 per share on Monday in Tokyo.
Japan Times
BUSINESS / Tech
Oct 21, 2022
Twitter and Elon Musk talks warm up as buyout deadline nears
After months of public acrimony and accusations, talks between the two sides have turned cordial and are focused on closing the transaction rather than litigation, according to one source.
Japan Times
BUSINESS / Companies
Oct 18, 2022
Toshiba's preferred bidder offers less than key ¥6,000 a share, sources say
During a strategic review last year, at least one global private equity firm told Toshiba's review committee that a deal could be done at u00a56,000 a share or more.
Japan Times
BUSINESS / Companies
Oct 17, 2022
Toshiba sale faces delay as banks wary on financing
Some global banks have turned cautious over backing large buyouts like Toshiba amid rising borrowing costs in the United States and elsewhere.
Japan Times
BUSINESS / Companies
Oct 12, 2022
Toshiba chooses JIP-led group as preferred bidder for buyout, sources say
Private equity firm Japan Industrial Partners is looking to acquire the firm in partnership with multiple domestic companies including Orix and Chubu Electric Power, sources said.
Japan Times
BUSINESS
Oct 5, 2022
Elon Musk revives $44 billion Twitter bid, aiming to avoid trial
For Twitter, proceeding with Musk's plan augurs a future under a mercurial billionaire who has spent months publicly criticizing its management.
Japan Times
MORE SPORTS
Sep 27, 2022
Sports streamer DAZN agrees to buy rival Eleven
The deal will consolidate the streaming market in a number of countries as DAZN looks to further its offerings in Europe and expand into Taiwan and other Asian territories.
Japan Times
BUSINESS / Companies
Sep 16, 2022
Bain Capital gains Chinese watchdog's nod on Hitachi Metals deal
Hitachi Metals announced last year that a consortium led by global private equity firm Bain Capital would buy all the shares of the Hitachi subsidiary for u00a5817 billion ($5.7 billion).
Japan Times
BUSINESS / Companies
Sep 8, 2022
Judge slams Elon Musk for not handing over texts in Twitter fight
Delaware Chancery Judge Kathaleen St. Jude McCormick said in a ruling there there were 'glaring deficiencies” in how Musk responded to Twitter's request for text messages.
Japan Times
BUSINESS / Companies
Aug 30, 2022
A startup offers Japan's aging CEOs a worry-free succession plan
Every year, tens of thousands of businesses that help support Japan's deep industrial base close shop, unable to cope when company heads retire or fall ill.
Japan Times
BUSINESS / Economy
Aug 25, 2022
Morgan Stanley joint venture with MUFG tops first-half Japan M&A
The total value of all deals involving Japanese companies in the six months through June was roughly u00a512 trillion, down about 20% from a year earlier.
Japan Times
BUSINESS / Companies
Jul 21, 2022
Toshiba narrows buyout bidders to Bain, CVC, Brookfield and Japanese consortium, sources say
The race for what could be the country's biggest buyout deal this year is gathering pace, as the four bidders are now invited to conduct due diligence for several months.
Japan Times
BUSINESS / Companies
Jul 5, 2022
Knauf bid for Chiyoda Ute a rare example of foreign takeover success
The secret behind the deal? Seven years, a lot of conversations and plenty of patience.
Japan Times
BUSINESS / Companies
Jun 24, 2022
Sapporo U.S.A. to acquire Stone Brewing as it moves to speed up global expansion
Sapporo plans to brew its products at Stone facilities for U.S. distribution, while Stone will continue to brew its own lineup.

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