Tag - mergers

 
 

MERGERS

Masahide Endo, chief consultant at Daiwa Institute of Research noted that Alimentation Couche-Tard's bid for Seven & I Holdings had spawned a sense of crisis in other industries over sudden takeover proposals.
BUSINESS / Economy
Nov 18, 2024
Japanese companies increasingly targeted in foreign M&A bids
The total value of inbound acquisitions from overseas is up about 3.7 times year on year.
A factory in Kakamigahara, Gifu Prefecture. Even among profitable small and medium-sized enterprises, it is not uncommon for business owners to shut down due to aging and a lack of successors.
BUSINESS / Companies / FOCUS
Nov 16, 2024
Japan issues warning over bad-faith buyers in small business M&As
As M&As gain attention as a viable option for business succession, measures are being introduced to raise awareness and safeguard companies.
There is a broad shift in Japan’s business environment, where long-standing relationships are being challenged by foreign and activist investors looking for merger and acquisition deals.
COMMENTARY / Japan
Nov 15, 2024
Japan's newfound love of M&A makes for strange bedfellows
There is a broad shift in Japan’s business environment, where long-standing relationships are being challenged by foreign and activist investors.
U.S. President Joe Biden disembarks from Air Force One upon arrival at Dover Air Force Base in Dover, Delaware, on Friday.
BUSINESS / Companies
Sep 28, 2024
Biden still opposes Nippon Steel deal's bid for U.S. Steel
The remarks threw cold water on hopes by deal supporters that the proposed tie-up could get a green light from a key review committee.
Former Defense Minister Shigeru Ishiba attends a news conference in Tokyo on Friday, ahead of the Liberal Democratic Party leadership election.
BUSINESS / Companies
Sep 7, 2024
U.S. opposition to Nippon Steel deal 'very unsettling,' PM hopeful Ishiba says
Some experts say blocking the deal could undermine U.S.-Japan cooperation on national security, and put the lie to the notion of "ally shoring."
A water tower at a U.S. Steel mill in Braddock, Pennsylvania, on Wednesday
BUSINESS / Companies / ANALYSIS
Sep 7, 2024
Nippon Steel's U.S. setback a wake-up for Japan Inc.'s foreign forays
Buyers and sellers of assets were taking more time analyzing political trends and scrutinizing whether a target is in an industry that might trigger intervention.
A 7-Eleven convenience store, operated by Seven & i Holdings Co., at the company's headquarters in Tokyo
BUSINESS / Companies
Aug 31, 2024
Couche-Tard seeks pension fund backing for Seven & I bid
The retailer is reaching out to some of Canada’s largest pension funds to gauge their interest in providing equity, sources said.
Former U.S. Secretary of State Mike Pompeo speaks during the last day of the 2024 Republican National Convention on Thursday in Milwaukee, Wisconsin.
BUSINESS / Companies
Jul 20, 2024
Nippon Steel hires Mike Pompeo to help clinch purchase of U.S. Steel
Pompeo, who served as the U.S.’ top diplomat under Donald Trump, will be an adviser to the Japanese company for its $14.1 billion purchase.
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.
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.
The city of Fukuoka. The government plans to draw up guidelines for supporting midsize companies, many of which have headquarters outside big cities and are expected to play key roles in boosting regional economies.
BUSINESS / Companies
Jun 17, 2024
Japan to compile guidelines on supporting midsize firms
The guidelines will specify how support should be provided to such companies based on their management conditions.
Paper producers Hokuetsu and Daio Paper are forging a strategic business tie-up to survive.
BUSINESS / Companies
May 19, 2024
Hokuetsu and Daio Paper opt to forge tie-up
With shareholders skeptical, the former rivals must prove it will be a mutually beneficial partnership.
Dai-ichi Life Holdings has begun to include more alternative investments in its ¥33.9 trillion portfolio, and is also looking at increasing mergers and acquisitions.
BUSINESS
Apr 18, 2024
Shifting market spurs Dai-ichi to adjust ¥33.9 trillion portfolio
The firm is cutting its holdings of domestic equities, which are surging, to avoid too much exposure to the asset class.
Aeon plans to spend about ¥102.3 billion to acquire a 13.6% additional stake in Tsuruha from Hong Kong-based hedge fund Oasis Management.
BUSINESS / Companies
Feb 28, 2024
Retailer Aeon to merge with drugstore chains Tsuruha and Welcia
The three companies said they will seek to expand their businesses outside Japan.
Asahi Group Holdings chief executive Atsushi Katsuki
BUSINESS / Companies
Feb 26, 2024
Asahi eyes overseas acquisitions to quadruple sales of Super Dry beer
Spurred on by the need to seek growth outside of the shrinking home market, Japanese firms went on an overseas buying spree worth ¥8.1 trillion last year.
The volume of mergers and acquisitions linked to Japan has grown 43% so far this year.
BUSINESS / Companies
Feb 22, 2024
Japan sees dealmaking boom as mergers and acquisitions rise 43%
A strong stock market is giving companies more scope for acquisitions at a time when the government and investors are pressuring firms to bolster growth.
Sony terminated merger plans with Zee on Monday after more than two years of negotiations, citing alleged breaches of the terms of their agreement.
BUSINESS / Companies
Jan 25, 2024
India's Zee asks Sony to honor merger obligations and approaches tribunal
Zee denies Sony's claims that it had breached the terms of their agreement, which the Japanese company cited as the reason it called off the deal.
Sony had been expected to benefit from Zee’s deep library of content in regional Indian languages and its dozens of local television channels.
BUSINESS / Companies
Jan 22, 2024
Sony sends termination letter to Zee over India merger
The entertainment giant cited conditions of the merger agreement not being met as the reason for ending the deal with the Indian media network.

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