Apr 26, 2013

China slaps conditions on Marubeni's Gavilon deal

Marubeni Corp.’s plan to acquire U.S. commodities trader Gavilon Holdings LLC is acceptable as long as the two companies keep their soybean operations for China separate, the Chinese Ministry of Commerce said. The ministry said Wednesday that the acquisition could help Marubeni increase its ...

Aeon to take over Daiei in bid for dominance

Mar 31, 2013

Aeon to take over Daiei in bid for dominance

Aeon Co. announced Wednesday it will increase its stake in Daiei Inc. to turn the smaller superstore chain into a subsidiary, creating a massive retailing group that will have combined sales in excess of ¥6 trillion. Aeon, which owns a 19.9 percent stake in ...

Marubeni to conduct geothermal power research in national park

Feb 28, 2013

Marubeni to conduct geothermal power research in national park

Marubeni Corp. is planning the first on-site survey for a geothermal power project in a national park following deregulation last March by the Environment Ministry. The one-year research initiative, starting possibly in May, will use dedicated surveyors to confirm geothermal sources in Daisetsuzan National ...