Tag - acquisitions

 
 

ACQUISITIONS

Japan Times
BUSINESS
Feb 16, 2023
Hamburger chain Lotteria to be sold to Zensho
The Lotteria brand will be maintained for a certain period even after the share transfer.
Japan Times
BUSINESS / Companies
Feb 15, 2023
Bleak earnings and revolving leadership dampen prospects for Toshiba buyout
During an earnings report on Tuesday, Toshiba Vice President and CFO Masayoshi Hirata dodged questions surrounding any potential buyout developments.
Japan Times
BUSINESS / Companies
Feb 9, 2023
JIP-led group has secured loans worth ¥1.4 trillion for Toshiba buyout, sources say
Toshiba named the consortium as its preferred bidder last October, but the group was unable to meet a requirement to provide commitment letters from banks by Nov. 7.
Japan Times
BUSINESS / Companies
Feb 7, 2023
Toshiba’s bidder set to win commitments for $10.6 billion loan
Securing financing support from banks is a crucial step in the JIP-led consortium’s proposed takeover of one of Japan’s most iconic companies.
Japan Times
BUSINESS / Tech
Jan 21, 2023
Western Digital talks with Kioxia said to be advancing
Under the terms being discussed, Western Digital would spin off its flash business and merge it with Kioxia, creating a publicly traded company in the U.S.
Japan Times
BUSINESS
Jan 20, 2023
Japan’s 'king of deals' looks for currency at ¥120 to launch global M&A
Yoshihisa Kainuma anticipates the yen will soon appreciate from a current level of around ¥128 per dollar because the Fed is likely to slow the pace of monetary policy tightening.
Japan Times
BUSINESS / Companies
Jan 19, 2023
TSMC supplier Resonac prepares for billion-dollar chip deals
The firm aims to capitalize on a much-needed consolidation of the $580 billion semiconductor industry.
Japan Times
BUSINESS / Companies
Jan 4, 2023
Tokyo Gas unit nears $4.6 billion deal to buy U.S. gas producer, sources say
If consummated, the deal would be the latest move by a Japanese entity to secure gas in jurisdictions perceived as friendly.
Japan Times
BUSINESS
Dec 30, 2022
Toshiba deal faces more uncertainty as financing talks stall
A consortium led by Japan Industrial Partners is in talks over bank financing totaling about u00a51.4 trillion to take Toshiba private, but negotiations have stalled.
Japan Times
BUSINESS
Dec 10, 2022
Toshiba's preferred bidder moving closer to securing financing for buyout
Concrete restructuring steps proposed by Japan Industrial Partners have made a group of lenders more confident in JIP's post-acquisition plans.
Japan Times
BUSINESS / Companies
Dec 8, 2022
SoftBank’s Masayoshi Son quietly lifts stake to 34%, edging toward buyout
The billionaire now owns more than a third of the company he founded, after aggressive buybacks in the last two months.
Japan Times
BUSINESS / Companies
Nov 28, 2022
Toshiba’s preferred bid delayed amid loan uncertainty, sources say
Banks are considering issuing commitment letters for loans to a consortium led by Japan Industrial Partners and aren't expected to make a decision until mid-December, later than planned.
Japan Times
BUSINESS / Companies
Nov 26, 2022
JIP to launch Toshiba tender offer by end of March
JIP, which holds preferential negotiating rights for the firm, plans to procure more than u00a52.2 trillion by securing investments from over 10 companies and bank loans.
Japan Times
BUSINESS / Companies
Nov 24, 2022
Mitsubishi UFJ to buy two Asia units of Home Credit for $620 million
The deal comes as Japan's largest lender aims to beef up its business in Asia to tap growth in consumption in emerging markets.
Japan Times
BUSINESS / Companies
Nov 17, 2022
Toshiba preferred bidder may tap Rohm and Suzuki for funds
Electronics company Rohm is considering putting in about u00a5100 billion in equity and around u00a5200 billion in debt as part of efforts to back a bid for the group.
Japan Times
BUSINESS / Companies
Nov 12, 2022
Success of JIP's bid for Toshiba hinges on banks
The investment fund is negotiating with lenders to raise over u00a51 trillion in loans, though some banks view extending such a line of credit as overly risky.
Japan Times
BUSINESS / Companies
Nov 11, 2022
Seven-Eleven parent to sell Sogo & Seibu stores to U.S. fund
The U.S. investment fund said it will revamp the operator of Sogo and Seibu department stores by teaming up with electrical appliances retailer Yodobashi Camera.
Japan Times
BUSINESS / Companies
Nov 9, 2022
Fortress close to buying Japan’s Sogo & Seibu for over $1.4 billion
Discussions are in their final stage and an announcement could come as soon as Thursday, sources have said.
Japan Times
BUSINESS / Companies
Nov 8, 2022
Buyout fund JIP submits bid for Toshiba without bank backing
It is still uncertain whether funds can be guaranteed for the takeover estimated at some u00a52.2 trillion in total.
Japan Times
BUSINESS / Companies
Nov 7, 2022
Fate of Toshiba management causing friction for banks in buyout plan
There is concern preferred bidder JIP's plan to retain Toshiba CEO Taro Shimada and his team could impede the reorganization needed to put the firm on the road to recovery.

Longform

The Japanese government updated its English education guidelines in 2017 to emphasize communication over grammar and memorization. Public school teachers are incredibly busy, however, which means schools haven’t been able to implement changes uniformly. Private and alternative schools are attempting to remedy this.
The language of opportunity: Bilingual education is on the rise in Japan