Apr 6, 2015

Japanese overseas M&As hit record levels in fiscal 2014

Japanese companies’ mergers and acquisitions overseas hit record levels both in number and value in fiscal 2014, which ended Tuesday, M&A consulting firm Recof Corp. said. Despite the yen’s weakness, which makes Japanese overseas acquisitions expensive, companies rich in cash due to improved earnings ...

Dec 25, 2014

Toyota Tsusho, Sapporo to buy U.S. juice maker Country Pure Foods

Sapporo Holdings Ltd. and Toyota Tsusho Corp. said Thursday they will jointly acquire U.S. juice manufacturer Country Pure Foods Inc. to expand their business in the North American beverage market. The two are expected to acquire the Ohio-based company through a joint venture in ...

Shareholders OK Daiei's plan to become fully owned Aeon unit

Nov 26, 2014

Shareholders OK Daiei's plan to become fully owned Aeon unit

During an extraordinary meeting on Wednesday, shareholders of Daiei Inc. approved the struggling supermarket chain’s plan to become a wholly owned unit of major retailer Aeon Co. through equity swaps in January next year. Through the Aeon group’s realignment, the trade name of Daiei ...

Son's $51 billion acquisition run faces speed bump

Oct 17, 2014

Son's $51 billion acquisition run faces speed bump

Billionaire Masayoshi Son’s 300-year business plan for SoftBank Corp. sees no pause in acquisitions that saw him splurge $51 billion in five years. Higher interest rates in the U.S. and Japan may put the brakes on his debt-fueled ambitions. SoftBank is Japan’s biggest corporate ...

Softbank refuses to confirm DreamWorks bid

Sep 29, 2014

Softbank refuses to confirm DreamWorks bid

SoftBank Corp. refused to comment Monday on reports it is in talks to buy DreamWorks Animation, Hollywood’s biggest independent animated film studio. “We won’t comment on speculation and rumors,” a spokesman said. SoftBank has proposed a deal valuing DreamWorks at $3.4 billion, The Hollywood ...

Aug 25, 2014

Roche said to have decided against bidding for rest of Chugai

Roche Holding AG decided against bidding for the almost 40 percent of drugmaker Chugai Pharmaceutical Co. that it doesn’t already own and is instead focused on its $8.3 billion acquisition of InterMune Inc., according to a person familiar with the matter. As it worked ...

SoftBank sells first bonds since dropping T-Mobile bid

Aug 18, 2014

SoftBank sells first bonds since dropping T-Mobile bid

SoftBank Corp., the Japanese wireless carrier led by billionaire Masayoshi Son, plans to sell bonds for the first time after it abandoned talks to merge Sprint Corp. with T-Mobile US Inc. Son’s company is offering ¥400 billion in five-year notes to individual investors, and ...