Marriott-Starwood merger to spark turf war in Japan

May 24, 2016

Marriott-Starwood merger to spark turf war in Japan

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For major Japanese hoteliers, the impending merger between Marriott International Inc. and Starwood Hotels & Resorts Worldwide Inc. signifies the opening of a cutthroat turf war with what will be the world’s largest hotel operator in their home territory. Marriott is poised to expand ...

Apr 25, 2016

Mizuho Securities keen to expand business in U.S.

Mizuho Securities Co. plans to strengthen businesses including corporate bond underwriting in the United States and intermediation of corporate mergers and acquisitions, President Tatsufumi Sakai has said. Sakai, who assumed the presidency on April 1, also said the company was considering increasing the number ...

Mar 23, 2016

NTT board to discuss Perot bid this week

The board of Nippon Telegraph & Telephone Corp. is planning this week to discuss a proposed takeover of Dell Inc.’s Perot Systems division, according to two people with knowledge of the matter. The board of Japan’s biggest phone company will discuss issues including a ...

Mar 8, 2016

NTT Data preparing to buy Dell's Perot Systems

Nippon Telegraph and Telephone Corp. is in final talks to buy Perot Systems, an information technology services affiliate of U.S. computer giant Dell Inc., sources said Tuesday. The deal is worth over ¥400 billion. The purchase would help NTT strengthen its operations overseas at ...

Asahi makes offer for Peroni, Grolsch beers from AB InBev

Feb 11, 2016

Asahi makes offer for Peroni, Grolsch beers from AB InBev

Budweiser brewer AB InBev has received a binding offer of €2.55 billion ($2.85 billion) from Asahi Group Holdings for the European beer brands Grolsch, Peroni and Meantime — a sale that is meant to address regulatory concerns about AB InBev’s mega-merger with SABMiller. The ...

Jan 19, 2016

Son's SoftBank vision at risk as Sprint goes from bad to worse

The acquisition of Sprint Corp. was supposed to help Masayoshi Son realize his vision of transforming SoftBank Group Corp. into the world’s most valuable company. Instead, the 2013 deal has become his biggest setback so far, dragging down SoftBank shares and cutting into the ...