Apr 6, 2014

Japanese M&As abroad broke record high in 2013

Mergers and acquisitions of foreign firms hit an all-time high of 527 in fiscal 2013, breaking the previous record of 501 in fiscal 2012, a survey by M&A advisory Recof Corp. says. Japanese M&As targeting Asian companies accounted for 226, or about 40 percent, ...

Mar 27, 2014

Yahoo Japan to acquire eAccess for ¥324 billion

Yahoo Japan said Thursday it would buy almost all of domestic telecom company eAccess from its parent, Softbank Corp., in a deal valued at around ¥324 billion ($3.2 billion). The unit of mobile phone and Internet services giant Softbank said the deal was aimed ...

Son seeks U.S. price war, T-Mobile

Mar 11, 2014

Son seeks U.S. price war, T-Mobile

Masayoshi Son, the Japanese owner of U.S. mobile carrier Sprint, said Monday he wants to launch a “price war” with the two major carriers as he seeks to acquire T-Mobile’s U.S. unit. Son, the tycoon whose SoftBank company holds a controlling stake in Sprint, ...

Mar 5, 2014

Son will host D.C. wireless event

SoftBank Corp. Chief Executive Officer Masayoshi Son will host a presentation March 11 in Washington to discuss “the state of America’s wireless communications industry and the competitive global landscape.” Son is reportedly mulling whether to bid for mobile carrier T-Mobile US Inc. after acquiring ...

Suntory 'planning $12 billion bridge loan' to buy Beam

Jan 15, 2014

Suntory 'planning $12 billion bridge loan' to buy Beam

Suntory Holdings Ltd. plans to borrow as much as $12 billion to finance the purchase of Beam Inc., two sources said. Mitsubishi UFJ Financial Group Inc.’s lending unit has agreed to provide a bridge loan of $10 billion to $12 billion for the acquisition, ...

Sep 25, 2013

Applied Materials to buy rival Tokyo Electron

Applied Materials Inc., the world’s largest supplier of chip-making equipment, has agreed to acquire Tokyo Electron Ltd., its closest rival, for $9.39 billion (¥926 billion) in stock, in the largest bid by a foreign corporation for a Japanese firm in six years. Gary Dickerson, ...

Aug 1, 2013

Son reshaping Softbank seen in $20 billion loan

by Emi Urabe

Softbank Corp.’s cost of refinancing debt from its purchase of Sprint Corp. will be less than half of what it paid seven years ago to acquire the Vodafone unit that launched its mobile phone operations. Now Japan’s third-largest mobile carrier, Softbank expects to pay ...

Firms on record M&A spree in Southeast Asia

Jul 25, 2013

Firms on record M&A spree in Southeast Asia

by Hiroshi Hiyama

Japanese firms have spent record amounts scooping up assets in Southeast Asia this year, part of a trend that has seen Tokyo moving to boost its presence in the fast-growing region and away from China. As Prime Minister Shinzo Abe departed Thursday for a ...