Tag - acquisitions

 
 

ACQUISITIONS

Japan Times
BUSINESS / Companies
May 25, 2023
Cosmo CEO says controversial vote tactics justified in activist defense
A vote on a 'poison pill' takeover defense will exclude Cosmo's largest shareholder grouping.
Japan Times
BUSINESS / Companies
May 23, 2023
Mizuho to buy investment bank Greenhill in $550 million takeover
The Japanese banking giant agreed to buy Greenhill for $15 a share in an all-cash transaction.
Japan Times
BUSINESS / Companies
May 23, 2023
SoftBank sells Fortress stake to Mubadala and management team
Mubadala will own 70% of the equity in Fortress, while Fortress management will hold a 30% equity interest and a class of equity entitling it to appoint a majority of seats on the board.
Japan Times
BUSINESS
May 2, 2023
First Republic sale, a relief for some, fails to quell fear of a persistent crisis
Hours after JPMorgan Chase & Co. agreed to buy First Republic, the news was digested over breakfast by attendees at the Milken Institute Global Conference in California.
Japan Times
BUSINESS
May 1, 2023
Astellas to buy Iveric Bio for $5.9 billion to expand eyesight treatments
The deal marks the fifth major overseas acquisition by Astellas, Japan's third biggest drugmaker by sales, since 2019.
Japan Times
BUSINESS / Companies
Apr 27, 2023
Beer brewer Kirin strikes $1.2 billion deal for Australia’s Blackmores vitamins
Kirin Holdings has agreed to buy Australian vitamin-maker Blackmores for 1.88 billion Australian dollars ($1.24 billion, ¥165.9 billion) in cash, as part of a push by the Japanese brewer into health products to reduce its reliance on beer.
Japan Times
BUSINESS
Apr 17, 2023
Sega offers to buy Angry Birds creator Rovio Entertainment for ¥103.6 billion
Japan’s Sega is doubling down on console and smartphone gaming for long-term growth as its traditional businesses of pachinko and arcade machines face dwindling audiences.
Japan Times
COMMENTARY / World
Mar 29, 2023
Manchester United looks immune to the banking crisis
The bidding war for Manchester United, a sporting institution, bears little connection to financial reality.
Japan Times
BUSINESS / Companies
Mar 28, 2023
Suntory Beverage’s first female CEO seeks $5 billion in drinks acquisitions
The company sees potential in health-related drinks in the U.S., Asia and regions where Suntory has currently little presence, said Makiko Ono.
Japan Times
BUSINESS
Mar 27, 2023
First Citizens buys Silicon Valley Bank after run on lender
The Raleigh, North Carolina-based bank entered into a purchase and assumption agreement for all deposits and loans of SVB, the U.S. Federal Deposit Insurance Corp. has confirmed.
Japan Times
BUSINESS / Companies / FOCUS
Mar 26, 2023
Rocky road to Toshiba deal raises doubts about a future comeback
The questions now are whether activist investors will accept the terms — and whether the firm can restore its former glory.
Japan Times
BUSINESS
Mar 23, 2023
Nintendo family office sees success in engineering firm takeover
The saga pits Yamauchi No. 10 Family Office (YFO), which manages about ¥200 billion ($1.5 billion) in assets, against Toyo Construction, a firm known for its marine engineering operations.
Japan Times
BUSINESS / Companies
Mar 23, 2023
Toshiba board accepts JIP buyout proposal, report says
The JIP consortium last month submitted a binding buyout proposal backed by $10.6 billion in loan commitments from major banks.
Japan Times
BUSINESS / Companies
Mar 23, 2023
Japan's JERA to buy Belgium's top offshore wind company for $1.7 billion
JERA will add Parkwind's four offshore wind farms in Belgium and a new wind farm being built in Germany to its renewable portfolio through the deal.
Japan Times
BUSINESS / ANALYSIS
Mar 20, 2023
UBS swallows doomed Credit Suisse, casting shadow over Switzerland
The transaction — the first rescue of a global bank since the financial crisis of 2008 — grants enormous clout to UBS, ridding it of its main rival.
Japan Times
BUSINESS
Mar 20, 2023
The key takeaways from UBS Group’s historic Credit Suisse deal
UBS is paying 3 billion francs ($3.24 billion) for its battered rival in a deal aimed at avoiding a broader financial crisis.
Japan Times
BUSINESS / Companies
Feb 28, 2023
Toshiba buyout proposal faces increasing uncertainty
It is unclear whether activist shareholders, including foreign investment funds, will agree to a ¥2 trillion buyout proposed by a consortium led by investment fund Japan Industrial Partners.
Japan Times
BUSINESS
Feb 24, 2023
Orix weighs cutting contribution to JIP’s Toshiba offer, sources say
Orix is seeking to acquire ¥200 billion ($1.5 billion) of common and preferred Toshiba stock, down from the original ¥300 billion, the sources said.
Japan Times
SOCCER
Feb 21, 2023
Qatari bid for Manchester United poses questions over PSG's future
The tiny, gas-rich state is aiming even higher with its sights set on United, the most successful club in the history of the most powerful league in the world.
Japan Times
SOCCER
Feb 19, 2023
INEOS and U.S. hedge fund enter battle to purchase Manchester United
The club is widely seen as one of the most prized assets in all of sport, with Deloitte ranking it as the fourth-richest in the world.

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