Suntory, Keidanren chiefs to be tapped for top economic panel

Sep 3, 2014

Suntory, Keidanren chiefs to be tapped for top economic panel

The government plans to appoint incoming Suntory Holdings Ltd. President Takeshi Niinami and Sadayuki Sakakibara, chairman of Keidanren (Japan Business Federation), as private-sector members of the Council on Economic and Fiscal Policy, sources said Wednesday. The revamp of the key panel, chaired by Prime ...

Suntory becomes top-selling Japanese brewer in Jan.-June period

Aug 7, 2014

Suntory becomes top-selling Japanese brewer in Jan.-June period

Suntory Holdings Ltd.’s sales overtook those of Kirin Holdings Co. in the January-June period for the first time since 2009, when it adopted a holding company system, according to earnings reports released by major Japanese brewers by Wednesday. Suntory racked up record-high group sales ...

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 ...

Jul 1, 2014

Lawson chairman Niinami nominated as new Suntory president

Suntory Holdings Ltd. said Tuesday it has nominated Takeshi Niinami, chairman of major convenience store operator Lawson Inc., as its new president. The major brewer and distiller made the decision at the day’s extraordinary board meeting. Niinami, 55, will officially assume the presidency on ...

Suntory to focus for now on repaying Beam debts

May 16, 2014

Suntory to focus for now on repaying Beam debts

Closely held Suntory Holdings Ltd. said it will focus on repaying debts from its $16 billion buyout of Beam Inc. before seeking further acquisitions. The Osaka-based whisky and beer maker plans to refinance part of its ¥800 billion bridge loans with ¥300 billion in ...

Suntory swallows Jim Beam maker

May 1, 2014

Suntory swallows Jim Beam maker

Suntory Holdings said Thursday it had completed its nearly $16 billion buyout of the company behind Jim Beam bourbon, creating the world’s third-largest maker of high-end spirits and giving it a foothold in the U.S. liquor market. Suntory has acquired all outstanding shares of ...

Lawson, Suntory execs to join casino push

Jan 27, 2014

Lawson, Suntory execs to join casino push

Business leaders, including top executives at Lawson Inc. and Suntory Holdings Ltd., are joining forces to back the legalization of casinos in Japan, a proposal that could open up what is estimated to be the world’s second- largest gaming market. Lawson Chief Executive Officer ...

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, ...