Tag - acquisitions

 
 

ACQUISITIONS

Jony Ive, left, is collaborating with OpenAI’s Sam Altman as part of a nearly $6.5 billion deal.
BUSINESS / Tech
May 22, 2025
OpenAI to buy AI startup from Apple veteran Jony Ive in $6.5 billion deal
The purchase — the largest in OpenAI’s history — will provide the company with a dedicated unit for developing AI-powered devices.
Toyota Motor Chairman Akio Toyoda. Toyota Industries investor Zennor Asset Management said a plan by Toyoda to take over the Japanese auto parts maker raises governance issues and may undermine minority shareholders’ interests.
BUSINESS / Companies
May 21, 2025
Toyota Industries investor Zennor says it wants minority safeguards
A founding partner of Zennor said the buyout plan would benefit the founding family and may undervalue the target’s stock and real estate holdings.
Nippon Steel Vice Chairman Takahiro Mori speaks during an interview in Tokyo on Monday.
BUSINESS / Companies
May 21, 2025
Nippon Steel says it is confident Trump's buyout concerns have been addressed
Wednesday is the deadline for the Committee on Foreign Investment in the United States to review Nippon Steel's acquisition plan again.
Toyota Industries' Nagakusa plant in Obu, Aichi Prefecture
BUSINESS / Companies
May 20, 2025
Toyota Industries to accept tender offer from Toyota Motor group
The trend comes amid rising pressure from the Tokyo Stock Exchange and activist shareholders to dismantle what are called parent-child listings.
The supercharged investment pledge, up from an initial $1.4 billion, was pitched as part of a last-ditch effort to win approval of the merger, which has drawn fire from both U.S. Presidents Donald Trump and Joe Biden.
BUSINESS / Companies
May 20, 2025
Nippon Steel eyes billions more in U.S. Steel investments if Trump green-lights deal
It is unclear if the billions in new investment will be enough to sway Trump, though two sources said his administration sought the increased investment.
NTT said last week it will take its data service unit NTT Data Group private. That followed its acquisition of its mobile service arm, NTT Docomo, in 2020.
BUSINESS
May 15, 2025
Listed subsidiaries get the ax in Japan after investor pressure
The trend stems from pressure on firm to cater to shareholders in response to activist campaigns, demands from the stock exchange and hostile takeovers.
The Tokyo Stock Exchange building in Nihonbashi. The exchange wants companies to lower the entry cost of investing in their shares.
BUSINESS / Markets
May 14, 2025
Tokyo Stock Exchange wants stocks to be affordable for the average investor
Attracting more small investors could help reduce volatility due to the introduction of a wider range of investment strategies.
Toyota Chairman Akio Toyoda speaks during the 2025 CES event in Las Vegas in January.
BUSINESS / Companies
May 13, 2025
Akio Toyoda’s buyout plan called ‘gutsy’ by Dalton Investments
Toyota Motor Chairman Akio Toyoda’s ¥6 trillion ($41 billion) plan to buy out Toyota Industries has won over at least one of the auto supplier’s critics: Dalton Investments.
A security guard stands outside a branch of Yes Bank in New Delhi last August.
BUSINESS / Companies
May 10, 2025
Japan's SMBC to buy stake in India's Yes Bank
The Sumitomo Mitsui deal marks the biggest foreign investment in India’s banking sector, and is the latest move by Japanese lenders to expand in the country.
Nippon Telegraph and Telephone plans a buyback of shares from May 12 through March 31, a move it says is geared toward raising capital efficiency and boosting shareholder returns.
BUSINESS / Companies
May 9, 2025
NTT announces ¥200 billion buyback in capital efficiency push
The buyback from May 12 through March 31 is geared toward raising capital efficiency and boosting shareholder returns, the company said.
Nidec has decided to withdraw a ¥257 billion ($1.8 billion) unsolicited tender offer for machine tool maker Makino Milling Machine, bowing to strong resistance from its target.
BUSINESS / Companies
May 9, 2025
Nidec withdraws its $1.8 billion hostile takeover bid for Makino Milling Machine
Makino had previously threatened to block the takeover by granting stock acquisition rights to existing shareholders.
Akira Shimada, CEO of NTT, speaks during a news conference in Tokyo on Thursday.
BUSINESS
May 8, 2025
NTT to launch $16.5 billion tender offer for NTT Data in AI push
Japan’s biggest telecom operator is launching a tender offer of ¥4,000 per share for all stock it doesn’t own in NTT Data.
Akio Toyoda’s $42 billion plan to buy Toyota Industries is one of the examples in a recent wave of management buyout ambitions in Japan.
BUSINESS
May 8, 2025
Japan’s tycoon families seek buyouts to evade investor pressure
The desire to delist stems from mounting pressure public companies face from investors and the threat of being acquired.
Stephen Dacus, incoming chief executive officer of Seven & I Holdings, speaks to reporters in Tokyo on April 24.
BUSINESS / Companies
May 1, 2025
Seven & I and Couche-Tard sign nondisclosure agreement
The move might signal that discussion on Couche-Tard's takeover proposal is moving forward.
Toyota Motor Corp. Chairman Akio Toyoda after a meeting in Beijing last month
BUSINESS / Companies
Apr 25, 2025
Toyota chairman proposes record buyout of its supplier at $42 billion valuation
The proposal values Toyota Industries, which makes looms for textiles as well as parts for Toyota’s cars, at a premium of 40% over its closing stock price on Friday.
The United Steelworkers union headquarters in Pittsburgh, Pennsylvania
BUSINESS / Companies
Apr 23, 2025
Union tells Bessent risks of Nippon Steel deal are too great
The United Steelworkers said the risks cannot be overcome in any scenario in which Nippon Steel exercises influence over U.S. Steel’s decision-making.
Nomura has been expanding in asset management in a bid to generate more stable income and reduce its reliance on volatile trading and investment banking.
BUSINESS
Apr 22, 2025
Nomura’s biggest deal since Lehman forms $770 billion fund giant
Tokyo-based Nomura has been expanding in asset management in a bid to generate more stable income and reduce its reliance on volatile trading and investment banking.
Ryosei Akazawa (third from right), Japan's tariffs negotiator, in a meeting with U.S. Secretary of the Treasury Scott Bessent (second from right) and other senior government officials on Wednesday in Washington
BUSINESS
Apr 18, 2025
Trump reiterates opposition to Nippon Steel’s purchase of U.S. Steel
Whether there is interplay between the tariff negotiations and the Nippon Steel-U.S. Steel deal has never been made clear.
U.S. Steel shares tumbled as much as 16% Wednesday after President Donald Trump made a fresh remark signaling his opposition to a buyout by Nippon Steel.
BUSINESS / Companies
Apr 10, 2025
Trump says he does not want to see U.S. Steel go to Japan
Trump told White House reporters that U.S. Steel is a special company, throwing cold water on expectations that Nippon Steel's buyout efforts might start to make progress.
Seven & I Holdings released forecasts for this year's operating profit and revenue that are lower than analysts' estimates.
BUSINESS / Companies
Apr 9, 2025
Seven & I’s guidance miss adds to pressure amid takeover bid
Seven & I said it expects domestic convenience store sales to rise 9.4% this fiscal year, while seeing revenue from overseas convenience stores falling 3.6%.

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