Tag - acquisitions

 
 

ACQUISITIONS

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.
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.
BUSINESS / Companies
Sep 13, 2016
Renesas to buy U.S. chip-maker Intersil for $3.2 billion
Renesas Electronics Corp. agreed to buy U.S. chipmaker Intersil Corp. for $3.2 billion, seeking to accelerate its efforts to sell more automotive components.

Longform

Sumadori Bar on Shibuya Ward's main Center Gai street targets young customers who prefer low-alcohol drinks or abstain altogether.
Rethinking that second drink: Japan’s Gen Z gets ‘sober curious’