Jul 22, 2016

Komatsu to buy U.S. mining equipment maker Joy Global

Komatsu Ltd. said that it has agreed to acquire U.S. mining machinery maker Joy Global Inc. for $2.9 billion. Joy Global, based in Milwaukee, Wisconsin, has production bases in the United States, China, Australia and elsewhere. Annual sales totaled $3.2 billion in the year ...

Jun 16, 2016

Nippon Paper to buy Weyerhaeuser drinks carton business

Nippon Paper Industries Co. said Thursday it has agreed to purchase the world’s third largest liquids packaging board business from U.S. timber company Weyerhaeuser Co. for $285 million. The U.S. business, which produces and sells paper containers for soft drinks and milk, will be ...

May 27, 2016

Canadian drugmaker Valeant reportedly rejects takeover bid from Takeda

Valeant Pharmaceuticals International Inc. received a takeover approach this spring from Takeda Pharmaceutical Co. and investment firm TPG, which it rejected, according to the Wall Street Journal. The specialty drugmaker has been struggling to revive itself after its business model and drug pricing practices ...

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 ...