Ajinomoto eyeing further acquisitions in Europe

Jul 21, 2015

Ajinomoto eyeing further acquisitions in Europe

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Ajinomoto Co., the Japanese maker of flavors and food ingredients, has posted an executive in Europe to hunt for acquisition targets in the region, according to a person with knowledge of the matter. The executive joined Ajinomoto’s European headquarters in the last couple of ...

Jul 7, 2015

Hakuhodo buys Canadian advertising agency Sid Lee International

Japanese advertising agency Hakuhodo DY Holdings Inc. said Tuesday it has acquired all the shares in Canadian ad company Sid Lee International LLC for an undisclosed amount as part of its efforts to expand overseas. Headquartered in Quebec and with offices in Canada, France, ...

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 ...