Dec 31, 2015

Icahn trumps Bridgestone in battle to buy Pep Boys

Wall Street activist investor Carl Icahn won a bidding war Wednesday for U.S. auto service chain Pep Boys with an all-cash $1 billion deal after Japanese tire giant Bridgestone pulled out. Icahn, who is expected to split the company and merge its retail side ...

Sep 30, 2014

Lawson to buy high-end supermarket operator Seijo Ishii

Lawson Inc. said Tuesday it will purchase high-end supermarket operator Seijo Ishii Co. on Oct. 31 as part of moves to expand its operations. The major convenience store operator will acquire all outstanding Seijo Ishii shares from investment fund Marunouchi Capital Co., which now ...

Ukraine accuses Russia of 'armed invasion' in Crimea

Feb 28, 2014

Ukraine accuses Russia of 'armed invasion' in Crimea

Ukraine accused Russia of staging an “armed invasion” of Crimea on Friday and appealed to the West to guarantee its territorial integrity after pro-Moscow gunmen took control of the peninsula’s main airport. Amid the spiralling tensions in the ex-Soviet state, the country’s ousted president, ...

Lixil mulls another overseas takeover

Jan 8, 2014

Lixil mulls another overseas takeover

by and

Lixil Group Corp., which agreed to buy bathroom-fixture makers American Standard Brands and Grohe Group last year, is studying another overseas acquisition to boost revenue from emerging markets. The planned deal will help Tokyo-based Lixil achieve its target of increasing sales from emerging markets ...

Sep 27, 2013

Toray in deal to buy U.S. carbon fiber maker Zoltek

Toray Industries Inc., which makes the carbon fiber used in Boeing Co.’s 787 Dreamliner, has agreed to buy Zoltek Companies Inc. for $584 million (about ¥57.6 billion) to expand into markets including windmill blades and auto parts. Toray, based in Tokyo and the world’s ...

Sep 26, 2013

Lixil to pay $4 billion for Grohe of Germany

German sanitary fittings maker Grohe said Thursday that housing and building materials company Lixil has agreed to take it over in a deal valuing the German group at €3.06 billion ($4.1 billion). Grohe “has entered into an agreement with Lixil and Development Bank of ...

Jun 19, 2013

Softbank prevails in Sprint Nextel deal as Dish abandons bid

U.S. satellite television provider Dish Network Corp. announced Tuesday it has dropped plans to submit a revised bid for Sprint Nextel, paving the way for Softbank Corp.’s rival offer to be accepted. Dish Network said it still saw “strategic value” in a merger with ...

Jun 11, 2013

Softbank boosts Sprint takeover bid to $21.6 billion

Softbank Corp. said Tuesday it is jacking up its bid for Sprint Nextel to $21.6 billion, the latest twist in a high-stakes bid to trump a rival offer and grab a chunk of the lucrative U.S. mobile market. Softbank said in Tokyo it would ...