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 ...

Aug 17, 2014

Chugai denies report on Roche's bid for control

Chugai Pharmaceutical Co. is not in talks to become a wholly owned unit of Roche Holdings AG, contrary to a recent report about a $10 billion (¥1.02 trillion) share deal linked to the matter, the Tokyo-based drugmaker said. “Chugai is in no way in ...

Jul 23, 2014

Pola Orbis eager to acquire foreign brand

Pola Orbis Holdings Inc. wants to acquire a foreign cosmetics brand that doesn’t overlap with its existing products in terms of price and concept, President Satoshi Suzuki said in a recent interview. That would leave the Japanese cosmetics maker purchasing a brand with product ...

Goldman's Japan M&A chief sees hunger for more deals

Jul 9, 2014

Goldman's Japan M&A chief sees hunger for more deals

by Takahiko Hyuga

When a 210-year-old vinegar company bought Unilever’s Ragu and Bertolli pasta sauce business last month, it showed that Japanese firms are becoming more adventurous in their search for growth, said Goldman Sachs Group Inc.’s national head of mergers and acquisitions. “Japan M&A is breaking ...

Jun 22, 2014

Mitsubishi Heavy, Siemens to reflect after losing Alstom bid

Mitsubishi Heavy Industries Ltd. and Siemens AG of Germany need to review their business strategy now that the French government has chosen General Electric Co.’s rival bid for the energy-related operations of Alstom SA. Mitsubishi Heavy said in a statement it “acknowledges and regrets ...