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July 16, 2024
 

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ACQUISITIONS

Japan Times
BUSINESS / Companies
Nov 26, 2019
Asahi Kasei to acquire U.S. drugmaker
Major chemical maker Asahi Kasei Corp. has said it will purchase Veloxis Pharmaceuticals Inc. of the U.S. by February.
Japan Times
BUSINESS / Companies
Nov 26, 2019
Hitachi in talks to sell chemical unit to Showa Denko
Hitachi Ltd. is in talks with Showa Denko K.K. to sell its chemical unit Hitachi Chemical Co., sources familiar with the matter said Tuesday.
Japan Times
BUSINESS / Companies
Nov 20, 2019
Kirin unit buys fourth-largest U.S. independent brewery, New Belgium Brewing
New Belgium Brewing, one of the largest craft beer companies in the U.S., has agreed to be acquired by a unit of Kirin Holdings Co., the latest independent brewer to be snapped up in an increasingly competitive market.
Japan Times
BUSINESS / Companies
Nov 13, 2019
Sumitomo to invest in Taiwan's top electric bus-maker
Trading house Sumitomo Corp. will spend some ¥500 million ($4.5 million) by February 2020 to acquire a 6.7 percent stake in Taiwan's top electric bus-maker, RAC Electric Vehicles Inc.
Japan Times
BUSINESS / Companies
Nov 7, 2019
HP confirms Xerox takeover bid as companies struggle with shrinking markets
HP Inc. has confirmed that Xerox Holdings Corp. made a takeover offer — a potential deal between two iconic names that would reshape the printing industry.
Japan Times
BUSINESS / Companies
Nov 5, 2019
Fujifilm to make Fuji Xerox a wholly owned unit
Fujifilm said it will acquire an additional 25 percent in the joint venture from Xerox Co. for $2.3 billion (u00a5253 billion), making it a wholly owned subsidiary.
Japan Times
BUSINESS / Companies
Oct 11, 2019
Takeda nears deal on sale of Russia, Mideast and Africa assets to private equity firms
Takeda Pharmaceutical Co. is nearing the sale of a portfolio of assets in the Middle East, Africa and Russia to separate buyout firms that could help the drugmaker raise about $1 billion to reduce debt, according to people familiar with the matter.
Japan Times
BUSINESS / Companies
Sep 24, 2019
Nippon Express to buy stake in Indian firm to expand local network
Nippon Express Co. will acquire a 22 percent stake in a logistics arm of India's largest retail conglomerate, Future Group, to broaden its customer base.
BUSINESS
Aug 29, 2019
Japan considers tighter rules for reporting corporate ownership stakes as China concerns grow
Japan is considering lowering the 10 percent ownership threshold at which foreigners are required to report stakes in domestic companies, two officials said, as Tokyo looks to better monitor Chinese investment in areas related to security.
Japan Times
BUSINESS / Companies
Aug 16, 2019
SoftBank's Fortress emerges as white knight for hotel chain Unizo with $1.3 billion bid
Hotel chain Unizo Holdings said Friday it has received a friendly buyout offer worth up to $1.3 billion from a SoftBank Group investment firm, in a deal that will help it fend off a rare hostile takeover bid from travel agency H.I.S. Co.
Japan Times
BUSINESS / Companies
Jul 31, 2019
One-stop bourse handling stocks and commodities to launch in Japan in summer 2020
Japan Exchange Group Inc. (JPX) and Tokyo Commodity Exchange Inc. said Tuesday they have agreed on a merger to launch the country's first all-in-one exchange that can handle both stocks and commodity futures.
Japan Times
BUSINESS
Jul 26, 2019
T-Mobile likely to secure U.S. antitrust approval for Sprint takeover deal
T-Mobile U.S. Inc. is set to win U.S. antitrust approval for its takeover of Sprint Corp. on Friday, according to a person familiar with the matter, moving the wireless carriers a step closer to completing a deal that has been more than a year in the making.
Japan Times
BUSINESS / Companies
Jul 19, 2019
AB InBev keeps Asia IPO hopes alive as Asahi buys Australian unit
Anheuser-Busch InBev NV said in a statement Friday it had agreed to sell its Australian operations to Asahi Group Holdings Ltd. for an enterprise value of 16 billion Australian dollars (¥1.2 trillion), and that it is still considering reviving an initial public offering for its Asian subsidiary.
Japan Times
BUSINESS
Jul 4, 2019
Consortium to enter talks with Japan land ministry on privately operating seven Hokkaido airports
A consortium of companies is to enter exclusive talks with the land ministry over operating New Chitose and six other airports in Hokkaido, the ministry said Wednesday.
Japan Times
BUSINESS / Companies
Jul 2, 2019
U.S. firm Applied Materials agrees to buy Japan's Kokusai Electric to bolster memory chip business
U.S. chip gear maker Applied Materials Inc. agreed Monday to buy Japanese peer Kokusai Electric for $2.2 billion from KKR & Co. as it bets on rising demand for memory chips used in data centers, 5G phones and AI-powered devices.
Japan Times
BUSINESS / Companies
Jun 25, 2019
Tokio Marine, which spent $17 billion on acquisitions, says there's more to come
Tokio Marine Holdings Inc. is seeking acquisition opportunities in Asian emerging markets and elsewhere as it seeks to double profits from those regions, according to the new chief of Japan's largest property-and-casualty insurer.
Japan Times
BUSINESS / Companies
Jun 20, 2019
Macron to discuss Renault and Nissan with Abe next week, French official says
French President Emmanuel Macron will discuss the situation regarding the alliance between carmakers Renault and Nissan with Prime Minister Shinzo Abe next week, an official at Macron's Elysee office said.
Japan Times
BUSINESS / Companies
Jun 13, 2019
Renault seeks greater role in Nissan governance reform
Renault SA Chairman Jean-Dominique Senard said Wednesday he was unhappy with a part of Nissan Motor Co.'s plans to bolster corporate governance following the arrest of former Chairman Carlos Ghosn.
Japan Times
BUSINESS / Companies
Jun 11, 2019
Nissan extends olive branch to Renault as relations hit new low
In an interview with the Financial Times, Saikawa said Nissan must “make our peace” with the French carmaker and that the companies need to “stabilize and reinforce” their partnership.
Japan Times
BUSINESS / Companies / FOCUS
Jun 7, 2019
How the Fiat-Renault merger plan fell apart
Shortly after 9 p.m., as the sun began to set on the rotund glass facade housing Renault SA's headquarters on the outskirts of Paris, the board called a break. The group had gathered for the second time in as many days to sign off on a proposed merger with Fiat Chrysler Automobiles NV. As the talks dragged...
Who needs AI when you have Hatsune Miku?
Over the first six months of 2024, a handful of songs using Vocaloid singer Hatsune Miku’s voice have enjoyed widespread attention, underlining a global interest in the character and the technology she represents.
Bloodied Trump survives assassination attempt at political rally
Former U.S. President Donald Trump is surrounded and evacuated by Secret Service agents at a campaign rally in Butler, Pennsylvania, on Saturday. Trump was rushed off stage at the rally after shots rang out.
Shooter came within inches of killing Trump, but left few clues as to why
An aerial view shows the stage where Republican presidential candidate and former U.S. President Donald Trump had been standing during an assassination attempt the day before, and the roof of a nearby building where a gunman was shot dead by law enforcement, in Butler, Pennsylvania, on Sunday.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.
How to tweak your diet when temperatures spike
Most people think of hydration as a strictly liquid-based concept, but eating foods with high water content is an essential part of making it through a Japanese summer unscathed.

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