Jul 23, 2014

Pola Orbis eager to acquire foreign brand

Pola Orbis Holdings Inc. wants to acquire a foreign cosmetics brand that doesn’t overlap with its existing products in terms of price and concept, President Satoshi Suzuki said in a recent interview. That would leave the Japanese cosmetics maker purchasing a brand with product ...

Goldman's Japan M&A chief sees hunger for more deals

Jul 9, 2014

Goldman's Japan M&A chief sees hunger for more deals

by Takahiko Hyuga

When a 210-year-old vinegar company bought Unilever’s Ragu and Bertolli pasta sauce business last month, it showed that Japanese firms are becoming more adventurous in their search for growth, said Goldman Sachs Group Inc.’s national head of mergers and acquisitions. “Japan M&A is breaking ...

Jun 22, 2014

Mitsubishi Heavy, Siemens to reflect after losing Alstom bid

Mitsubishi Heavy Industries Ltd. and Siemens AG of Germany need to review their business strategy now that the French government has chosen General Electric Co.’s rival bid for the energy-related operations of Alstom SA. Mitsubishi Heavy said in a statement it “acknowledges and regrets ...

Son's bid for T-Mobile faces huge antitrust hurdle

Jun 6, 2014

Son's bid for T-Mobile faces huge antitrust hurdle

Masayoshi Son, head of SoftBank Corp. and Sprint Corp., won’t be able to ride the regulatory coattails of pending U.S. telecommunications deals if he decides to buy T-Mobile US Inc. Regulators are preparing to vet proposed acquisitions worth more than $45 billion each from ...

Jun 4, 2014

Dai-ichi Life to snap up major U.S. insurer

Dai-ichi Life Insurance said Wednesday it will buy U.S.-based Protective Life for $5.7 billion in a record deal, the latest overseas takeover by a Japanese firm to counter a declining market at home. The company, one of Japan’s biggest insurers, said it will issue ...

Suntory to focus for now on repaying Beam debts

May 16, 2014

Suntory to focus for now on repaying Beam debts

Closely held Suntory Holdings Ltd. said it will focus on repaying debts from its $16 billion buyout of Beam Inc. before seeking further acquisitions. The Osaka-based whisky and beer maker plans to refinance part of its ¥800 billion bridge loans with ¥300 billion in ...

Apr 6, 2014

Japanese M&As abroad broke record high in 2013

Mergers and acquisitions of foreign firms hit an all-time high of 527 in fiscal 2013, breaking the previous record of 501 in fiscal 2012, a survey by M&A advisory Recof Corp. says. Japanese M&As targeting Asian companies accounted for 226, or about 40 percent, ...

Mar 27, 2014

Yahoo Japan to acquire eAccess for ¥324 billion

Yahoo Japan said Thursday it would buy almost all of domestic telecom company eAccess from its parent, Softbank Corp., in a deal valued at around ¥324 billion ($3.2 billion). The unit of mobile phone and Internet services giant Softbank said the deal was aimed ...

Son seeks U.S. price war, T-Mobile

Mar 11, 2014

Son seeks U.S. price war, T-Mobile

Masayoshi Son, the Japanese owner of U.S. mobile carrier Sprint, said Monday he wants to launch a “price war” with the two major carriers as he seeks to acquire T-Mobile’s U.S. unit. Son, the tycoon whose SoftBank company holds a controlling stake in Sprint, ...