Dec 8, 2016

Terumo to buy catheter-related business of two U.S. firms

Terumo Corp. has agreed to buy part of the catheter-related operations of two U.S. medical equipment companies for $1.12 billion. The acquisition will be completed after a merger of the two U.S. companies, Abbott Laboratories and St. Jude Medical Inc., Terumo said Wednesday. After ...

Fujifilm to buy Takeda's research chemical arm: sources

Nov 3, 2016

Fujifilm to buy Takeda's research chemical arm: sources

Fujifilm Holdings Corp. will purchase Takeda Pharmaceutical Co.’s research chemical unit for roughly ¥200 billion ($1.94 billion) to improve its medical business, sources familiar with the plan said Thursday. Last month, Fujifilm made a successful bid for Wako Pure Chemical Industries Ltd., Japan’s top ...

Foreign firms eye up Vietnam's state brewers

Oct 24, 2016

Foreign firms eye up Vietnam's state brewers

Sloshed back at rowdy open-air “bia hoi” day and night, beer is Vietnam’s tipple of choice and now its cash-strapped government is drawing on the nation’s penchant for lager to raise billions of dollars by selling stakes in state-owned brewers. The unprecedented divestments in ...

Hitachi Construction Machinery offers $529 million for Bradken

Oct 4, 2016

Hitachi Construction Machinery offers $529 million for Bradken

Hitachi Construction Machinery Co., the world’s biggest maker of giant excavators, has offered 689 million Australian dollars ($529 million) to buy Australia’s Bradken Ltd. The purchase would be its biggest ever and is likely to boost profit by about 10 percent, Nomura Securities Co. ...

Sep 13, 2016

Renesas to buy U.S. chip-maker Intersil for $3.2 billion

Renesas Electronics Corp. agreed to buy U.S. chipmaker Intersil Corp. for $3.2 billion, seeking to accelerate its efforts to sell more automotive components. Renesas is offering $22.50 per share, a 14 percent premium to Monday’s close, according to a statement to the Tokyo Stock ...

SoftBank's $120 billion debt nears Moody's downgrade trigger

Sep 6, 2016

SoftBank's $120 billion debt nears Moody's downgrade trigger

SoftBank Group Corp.’s debt — which is set to swell as its latest global acquisition became effective Monday — is nearing a level at which Moody’s Investors Service has said it will consider a rating downgrade. The Japanese wireless carrier’s purchase of British semiconductor ...

Aug 15, 2016

Sony buys British dance music label

Sony Corp. said it has acquired Britain’s dance music label Ministry of Sound Recordings Ltd. in a bid to enhance content for younger consumers in its music entertainment business. Ministry of Sound Recordings originated from a nightclub in South London and was founded in ...

Asahi sees yen windfall on AB InBev beer deal

Aug 4, 2016

Asahi sees yen windfall on AB InBev beer deal

Asahi Group Holdings Ltd. could save about ¥30 billion ($297 million) on its purchase of European beer brands from Anheuser-Busch InBev NV because the yen has strengthened since the firms cut the deal. The brewer expects its purchase of Peroni, Grolsch and Meantime beers ...