Tag - acquisitions

 
 

ACQUISITIONS

BUSINESS / Companies
Aug 7, 2018
HNA in talks to sell over $2 billion Avolon stake to Orix: sources
HNA Group Co., a Chinese conglomerate unwinding a global acquisition spree, is in advanced talks to sell a minority stake in jet lessor Avolon Holdings Ltd. to Orix Corp., sources said.
Japan Times
BUSINESS / Companies
Jun 26, 2018
New Xerox CEO calls Fujifilm's bid to renew merger talks 'delusional,' casts shadow over Fuji Xerox venture
Xerox Corp. CEO John Visentin blasted his Fujifilm Holdings Corp. counterpart's efforts to revive merger talks and warned that he doesn't plan to renew the companies' Asia joint venture Fuji Xerox in 2021.
Japan Times
BUSINESS / Companies / FOCUS
May 11, 2018
Whisky-inspired code names cloaked Takeda's $62 billion Shire gamble in secrecy — until cover was blown
Takeda Pharmaceutical Co.'s ambitions to expand in the lucrative U.S. health care market led the drugmaker to begin a painstaking examination of Shire PLC's assets more than two years prior to striking a $62 billion deal.
Japan Times
BUSINESS / Companies / FOCUS
May 9, 2018
Challenges await Takeda after $62 billion Shire victory
Takeda Pharmaceutical Co.'s Chief Executive Officer Christophe Weber navigated rebuffs, critics and a plunging stock price to win a $62 billion (¥6.8 trillion) deal to acquire larger rival Shire Plc.
Japan Times
BUSINESS / Companies
May 9, 2018
Japan's Recruit Holdings buys U.S. job site Glassdoor for $1.2 billion
Through the tie-up, Recruit will gain access to extensive content such as employee reviews, while Glassdoor will seek to accelerate its push into markets outside the U.S.
BUSINESS
May 5, 2018
Xerox CEO to stay in surprise U-turn, putting deal with Fujifilm in flux and setting off proxy war
A plan to replace the chief executive officer of Xerox Corp. and several directors fell apart over a technicality, setting the stage for a proxy fight in which activist shareholders will seek to improve the terms of a deal to cede control of the iconic U.S. printer company to Japan's Fujifilm Holdings...
Japan Times
BUSINESS / Companies
May 2, 2018
Xerox CEO resigns as lawsuit puts Fujifilm deal at risk
Xerox's chief and six board members agree to step down in a victory for businessman Carl Icahn in his battle against the firms's $6.1 billion takeover by Fujifilm.
Japan Times
BUSINESS / Companies
Apr 28, 2018
Xerox-Fujifilm deal blocked by New York judge over alleged conflict linked to U.S. CEO
A shareholder has accused the CEO of Xerox of maximizing his job security instead of shareholder value when he arranged the company's sale to Fujifilm.
BUSINESS / Companies
Apr 21, 2018
Japanese drugmaker Takeda adds more cash to Shire bid, sending offer past $60 billion
Takeda Pharmaceutical Co. sweetened its offer for drugmaker Shire PLC to more than $60 billion after three prior bids were rejected, wooing investors in the U.S. company with a higher cash component.
Japan Times
BUSINESS / Companies
Apr 10, 2018
Uber agrees to buy electric bicycle rental company Jump Bikes
Uber Technologies Inc. is leaping into the bicycle-rental industry with the purchase of Jump Bikes, as CEO Dara Khosrowshahi seeks out new growth areas with his first acquisition.
BUSINESS / Companies
Mar 17, 2018
Japan Tobacco buys Russia's No. 4 cigarette maker Donskoy Tabak for $1.6 billion
Japan Tobacco Inc. has agreed to buy Russia's Donskoy Tabak for 90 billion rubles ($1.6 billion), strengthening its leading position in Russia as competition from cigarette alternatives erodes its domestic market share.
BUSINESS / Companies
Dec 8, 2017
Bain prepared to spend $900 million on acquiring digital ad companies
Bain Capital LP said it is prepared to spend about $900 million or more to acquire digital advertising companies in Asia, as it revamps Japan's No. 3 agency to better compete with rivals like Dentsu Inc.
BUSINESS
Oct 3, 2017
Bain Capital to acquire Asatsu-DK, Japan's third-biggest ad agency
U.S. investment fund Bain Capital said that it will acquire Asatsu-DK Inc., the third-largest ad agency in Japan, through a tender offer.
Japan Times
BUSINESS
Sep 14, 2017
Trump bars Chinese equity firm from buying U.S. chipmaker Lattice
U.S. President Donald Trump on Wednesday blocked a Chinese-backed private equity firm from buying a U.S. chipmaker, sending a clear signal to Beijing that Washington will oppose deals that involve technologies with potential military applications.
EDITORIALS
Aug 20, 2017
Learning from overseas M&A cases that went wrong
Japanese companies that have an appetite for overseas M&As should first learn from the mistakes of others.
Japan Times
BUSINESS / Companies
Aug 1, 2017
MUFG arms itself with ¥1 trillion war chest for acquisitions
Mitsubishi UFJ Financial Group Inc.'s trust banking arm is seeking acquisitions abroad and has ¥1 trillion to spend as it seeks to become one of the 15 biggest asset managers worldwide.
Japan Times
BUSINESS / Companies
Jul 7, 2017
Konica Minolta, INCJ to acquire U.S. genetic testing firm in a deal of up to $1 billion
Konica Minolta Inc. said Thursday that it will partner with Innovation Network Corp. of Japan to buy the U.S. genetic testing firm Ambry Genetics Corp. for up to $1 billion.
BUSINESS / Companies
Jun 16, 2017
Amazon to plunk down $13.7 billion for upmarket grocer Whole Foods
Amazon.com Inc said it would buy Whole Foods Market Inc. in a deal valued at about $13.7 billion, including debt.
Japan Times
BUSINESS / Companies
Apr 10, 2017
Renesas may issue shares to fund war chest ahead of any buying spree: CEO
Automotive chip-maker Renesas Electronics Corp. is hungry for more acquisitions amid a wave of mega-mergers in the industry and may need to issue equity shares sometime in the future to build its war chest, Bunsei Kure, its CEO, said Monday.
Japan Times
BUSINESS / Companies
Feb 13, 2017
Micro M&A advisers riding population trends to success
Boutique advisers specializing in micro mergers and acquisitions for mostly family-run firms are enjoying a boom as the aging, shrinking population puts the squeeze on Japan's small business landscape.

Longform

Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals