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July 17, 2024
 

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MERGERS

Japan Times
BUSINESS / Companies
Jun 17, 2019
Revival of Fiat-Renault deal hinges on Nissan's backing and France's role
As Fiat Chrysler Automobiles NV and Renault SA move on from their failed merger talks, a revival of discussions would depend on overcoming at least two major obstacles.
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 12, 2019
Renault's Jean-Dominique Senard weakened as Macron snubs meeting, say sources
French President Emmanuel Macron has turned down a request to meet Renault chairman Jean-Dominique Senard, who is furious over the government's interference at the carmaker, sources told Reuters, raising questions over Senard's future.
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
Jun 10, 2019
Revival of Fiat Chrysler merger plan may hinge on Renault cutting its stake in Nissan
Nissan is poised to urge Renault to significantly reduce its 43.4 percent stake in the Japanese company in return for supporting any FCA-Renault tie-up, sources said.
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...
Japan Times
BUSINESS / Companies
Jun 3, 2019
France presses for concessions from Fiat in Renault merger proposal
The French government, Renault SA's biggest shareholder, wants additional guarantees from Fiat Chrysler Automobiles NV in its proposal to merge the two carmakers as it seeks to avoid job cuts in France and protect national interests, according to sources familiar with the matter.
Japan Times
BUSINESS / Companies
May 30, 2019
Jobs and Nissan will be safe with any Fiat Chrysler deal, Renault's Jean-Dominique Senard says
Tapped to lead a Franco-Italian carmaking giant formed by merging Renault SA and Fiat Chrysler Automobiles NV, Jean-Dominique Senard is in Tokyo to make what may be the sales pitch of his career.
Japan Times
BUSINESS / Companies
May 27, 2019
Fiat Chrysler proposes operational tie-up with Renault SA
In a deal that would create the world's third-biggest carmaker Fiat Chrysler Automobiles NV on Monday proposed a merger with Renault SA.
Japan Times
BUSINESS / Companies / ANALYSIS
May 15, 2019
Nissan faces mounting problems on its turnaround path, analysts say
The earnings report and forecast disclosed Tuesday by the automaker underscored a big problem after the arrest and ouster of former Chairman Carlos Ghosn— stabilizing its auto business.
Japan Times
BUSINESS / Companies
May 13, 2019
Nissan pushes back on Renault's renewed efforts to merge
Nissan Motor Co. is opposing renewed efforts by alliance partner Renault SA to merge under a holding company because such a structure won't help turn it around, according to a source with knowledge of the discussions.
Japan Times
BUSINESS / Companies
Apr 23, 2019
Renault again proposed merging with Nissan, this time under post-Carlos Ghosn management
Nissan rejected the proposal made in mid-April, the source said, possibly jeopardizing the recent momentum for improving ties between the two companies.
Japan Times
BUSINESS / Companies
Apr 1, 2019
New Japanese oil giant created with Idemitsu-Showa Shell merger
Idemitsu Kosan Co., Japan's second-largest oil wholesaler, and fourth-ranked Showa Shell Sekiyu K.K. merged Monday, creating a new oil giant to better compete in increasingly challenging market conditions amid falling demand for gasoline.
Japan Times
BUSINESS / Companies
Mar 27, 2019
Renault wants merger with Nissan and Fiat Chrysler: report
Renault SA is aiming to restart merger talks with Nissan Motor Co. within 12 months as the first step toward the creation of a bigger auto conglomerate that will involve a bid by both companies for Fiat Chrysler Automobiles NV, the Financial Times reported Wednesday.
Japan Times
BUSINESS / Companies
Mar 15, 2019
Itochu wins bigger stake in sportswear-maker Descente in rare hostile takeover for Japan
Trading house Itochu Corp. said Friday it has increased its stake in major sportswear-maker Descente Ltd. to 40 percent, succeeding in what, for Japan, was a rare hostile takeover bid.
Japan Times
BUSINESS
Jan 21, 2019
France downplays Renault-Nissan merger idea amid tensions over lopsided alliance built by Ghosn
France's finance minister says there is no plan to remodel the alliance between Renault SA and Nissan Motor Co., despite reports to the contrary.
Japan Times
BUSINESS
Jan 7, 2019
With nearly $900 billion in cash at the ready, Japan's M&A spending spree likely to continue
Japan outmuscled China to dominate mergers and acquisitions in Asia last year, and with companies in possession of more than $890 billion in cash, the spending spree is likely to continue in 2019.
Japan Times
BUSINESS / Companies
Dec 18, 2018
Idemitsu-Showa Shell merger gets shareholder approval in last hurdle for long-delayed plan
Major refiners Idemitsu Kosan Co. and Showa Shell Sekiyu K.K. each won approval from their shareholders Tuesday for their long-delayed merger plan, clearing the last hurdle for the April creation of a new oil industry giant.
Japan Times
BUSINESS
Dec 16, 2018
Air hockey-playing robot shows how Huawei haunts T-Mobile's Sprint deal
Huawei Technologies Co. and wireless carrier SoftBank Group Corp.' close business dealings could be an issue in T-Mobile U.S. Inc.'s proposed purchase of SoftBank's Sprint Corp.
Japan Times
BUSINESS / Companies
Dec 12, 2018
Idemitsu and Showa Shell merger gets approval from antitrust regulators at home and abroad
Major oil refiners Idemitsu Kosan Co. and Showa Shell Sekiyu K.K. said Wednesday their planned merger has been approved by all relevant antitrust authorities at home and abroad, moving them closer to consolidation on April 1.
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.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
China’s economic growth comes in worse than expected
Pedestrians in the Wangfujing shopping area in Beijing on July 11, 2024. China's economic growth in the second quarter was lower than forecast, adding pressure on Chinese leaders to lift confidence at the Chinese Communist Party's third plenum this week.
Kansai airports to increase takeoff and landing slots ahead of Osaka Expo
Kansai International Airport in Izumisano, Osaka Prefecture. The upper limit on the number of takeoff and landing slots at the airport as well as Kobe Airport in Hyogo Prefecture will be raised in spring next year ahead of the 2025 World Exposition in Osaka.
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.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
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.

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Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
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