Tag - acquisitions

 
 

ACQUISITIONS

Japan Times
BUSINESS
Feb 21, 2020
L Brands to sell majority stake in Victoria's Secret; CEO to step down
L Brands Inc. said Thursday it will sell a controlling stake in its Victoria's Secret unit to investment firm Sycamore Partners, valuing the lingerie brand at $1.1 billion (¥123 billion), as it focuses on its core Bath & Body Works brand.
Japan Times
COMMENTARY / Japan
Feb 6, 2020
Japan's problem? Too much competition
If you thought Japan was a prime example of socialism that works, think again.
Japan Times
BUSINESS / Companies
Jan 21, 2020
Yoshiaki Murakami fund launches ¥25.9 billion hostile bid for Toshiba Machine
City Index Eleventh Co. said it will offer u00a53,456 per Toshiba Machine share to buy up to 43.82 percent of the molding machine company.
Japan Times
BUSINESS / Companies
Jan 15, 2020
Fujifilm vies with buyout firms in $3 billion Curium sale
Fujifilm Holdings Corp. is entering the race for Curium Pharma, challenging buyout firms bidding for the French maker of medical imaging supplies in a deal that could fetch at least $3 billion (¥329.8 billion), people familiar with the matter said.
Japan Times
BUSINESS / Companies
Jan 7, 2020
Japanese firms set to outspend Chinese rivals in Asia amid favorable landscape
Japanese firms outspent their Chinese rivals for the second year in a row to be the biggest deal-making force in Asia in 2019, aided by favorable financing and reduced competition in the face of U.S.-China tensions.
Japan Times
BUSINESS / Companies
Dec 20, 2019
Toshiba digs in heels after Hoya's unsolicited bid for technology unit
Just days after Hoya Corp. made a hostile takeover bid for one of Toshiba Corp.'s publicly traded units — an extremely rare move in Japan — the industrial giant is responding with equally unusual bluntness.
Japan Times
BUSINESS / Companies
Dec 19, 2019
Hitachi to sell chemical unit and diagnosis imaging equipment business
Machinery giant Hitachi Ltd. said Wednesday that it will sell its subsidiary Hitachi Chemical Co. to Showa Denko K.K. and its diagnosis imaging equipment business to Fujifilm Holdings Corp. for a total of about ¥700 billion.
BUSINESS / Companies
Dec 18, 2019
Fujifilm to acquire Hitachi's diagnostic imaging equipment business
Fujifilm Holdings Corp. announced Wednesday it will acquire Hitachi Ltd.'s diagnostic imaging equipment business for about ¥170 billion.
Japan Times
BUSINESS
Dec 16, 2019
Shareholder activism rises in Japan as firms go hostile and investors speak out
Record shareholder activism is combining with rare hostile takeover bids in Japan, in a trend that's seen as good news for investors in the country's ¥675 trillion stock market.
Japan Times
BUSINESS / Companies
Dec 13, 2019
Japan's Hoya to launch $1.4 billion counterbid for Toshiba unit NuFlare
Hoya Corp. said Friday it would make a $1.4 billion counterbid for NuFlare Technology Inc. in what could become a hostile offer for the Toshiba Corp. unit the electronics conglomerate plans to buy out.
Japan Times
BUSINESS / Companies
Dec 12, 2019
Blow for AB InBev's $11 billion asset sale to Asahi as Australian regulators raise concerns
Australia's competition regulator has raised concerns over an $11 billion deal by Anheuser-Busch InBev to sell its local operations to Japan's Asahi Group Holdings Ltd., dealing a blow to the world's largest brewer's efforts to cut debt.
Japan Times
BUSINESS / Companies
Dec 10, 2019
Idemitsu to unify gas station branding with Showa Shell to take on JXTG
Idemitsu Kosan Co. aims to unify its gas station branding with that of Showa Shell Sekiyu K.K. after the business integration of the two major oil wholesalers in April, according to Idemitsu Kosan President Shunichi Kito.
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 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.

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