Tag - acquisitions

 
Menu
Search
 
May 08, 2024
 

Today's print edition

Home Delivery
Subscribe for more access

ACQUISITIONS

The U.S. Steel Clairton Coke Works in Clairton, Pennsylvania. U.S. President Joe Biden's top economic advisor said the purchase of the firm by Nippon Steel deserves serious scrutiny, in the latest sign of political pressure over the deal.
BUSINESS / Companies
Dec 22, 2023
Nippon-U.S. Steel deal deserves 'serious scrutiny,' White House says
The White House said it views a strong domestic steel industry as vital to the U.S. economy and national security.
In Toshiba, JIP takes on a sprawling company far bigger and more complex than any it acquired before.
BUSINESS / Companies / FOCUS
Dec 19, 2023
In buying Toshiba, JIP takes on corporate Japan's toughest job
While the fund has quietly built up a track record by carving out businesses from big manufacturers, Toshiba is more complex than any it acquired before.
United States Steel's Irvin Plant along the banks of the Monongahela River across from Glassport, Pennsylvania, in August
BUSINESS / Companies
Dec 19, 2023
Nippon Steel defends buying U.S. Steel at premium in global push
The American steelmaker has been considering potential transactions since mid-August, after rejecting an offer from rival Cleveland-Cliffs.
Mitsubishi UFJ Trust and Banking is set to buy Australian data manager Link Administration Holdings for 1.11 billion Australian dollars.
BUSINESS / Companies
Dec 18, 2023
MUFG to buy Australia’s Link in ¥106 billion deal
The unit of Japan’s largest bank, Mitsubishi UFJ Financial Group, will pay AU$2.10 per share, a 23.5% premium to Friday’s closing stock price.
A liquefied natural gas terminal jointly operated by Tokyo Gas and JERA in Yokohama
BUSINESS / Companies
Dec 16, 2023
Tokyo Gas unit buys U.S. producer Rockcliff Energy for $2.7 billion
The deal is part of Tokyo Gas' efforts to expand its North American shale gas operations to meet growing demand for natural gas.
Taro Shimada, president and CEO of Toshiba, will remain in his post after the company goes private next week.
BUSINESS / Companies
Dec 14, 2023
JIP-led group to have majority on Toshiba board after delisting
The delisting will end the conglomerate's 74-year history as a public company.
Japanese civil engineering group Infroneer said it would buy Japan Wind Development from Bain Capital for about $1.4 billion.
BUSINESS / Companies
Dec 12, 2023
Japan's Infroneer to buy Japan Wind Development from Bain Capital
The $1.4 billion acquisition will expand the Japanese civil engineering group's renewable energy business.
Sogo & Seibu labor union members strike in front of the flagship Seibu Ikebukuro store in Tokyo's Toshima Ward on Aug. 31.
BUSINESS / Companies
Dec 6, 2023
After troubled sale, prospects for Sogo & Seibu uncertain
Department store operator must develop a new template for survival under the management of an investment fund.
SoftBank has agreed to buy a majority stake in Irish software developer Cubic Telecom for around €473 million.
BUSINESS / Companies
Dec 5, 2023
SoftBank buys majority stake in Irish car software developer
SoftBank will acquire 51% of Cubic Telecom, which provides a platform for automakers to update software functions in cars globally and in real time.
Alaska Airlines has announced that it will buy Hawaiian Airlines for $1.9 billion, consolidating its position as the nation's fifth-largest carrier if it can attain regulatory approval.
BUSINESS / Companies
Dec 5, 2023
How Alaska Airlines’ CEO landed deal to buy Hawaiian Airlines
Ben Minicucci spent six months negotiating the purchase of Hawaiian Airlines in a bid to grow his company.
Christian Sinding, chief executive officer of EQT, in Tokyo in September
BUSINESS / Companies
Nov 28, 2023
Private equity giant EQT buys stake in Japanese startup HRBrain
The purchase marks a rare attempt by a global private equity giant to boost returns through young enterprises in the Asian country.
A Tsuruha Holdings store in Otaru, Hokkaido. The drug store chain is considering selling the entire company for about $4 billion or even more, sources said.
BUSINESS / Companies
Nov 15, 2023
Japan’s Tsuruha weighs sale after proxy battle with Oasis
The company is working with an adviser on the potential transaction and has reached out to some private equity firms to gauge their interest.
Hulu was founded in 2007 as a joint venture between News Corporation and NBC Universal, with Disney joining soon after as a partner.
BUSINESS / Companies
Nov 2, 2023
Disney to complete takeover of Hulu with $8.6 billion deal
The acquisition comes as the company strives to boost subscriber numbers at its Disney+ streaming service.
Cosmo Energy Holdings has said it will call another shareholder vote in December to seek approval for a "poison pill" takeover defense against a group of activist investors.
BUSINESS / Companies
Oct 25, 2023
Cosmo calls another shareholder vote in activist defense
Japan's third-biggest oil refiner said it will not prevent the group a group of activist investors from voting this time.
An electronic stock board in Tokyo. Kokusai Electric is set to go public on the Tokyo Stock Exchange on Wednesday.
BUSINESS / Markets
Oct 24, 2023
KKR poised for Kokusai payoff with largest Japan IPO since 2018
The American private equity firm acquired the business from Hitachi Kokusai Electric through a tender offer in 2018.
Manchester United fans have frequently protested against the club's current owners, the Glazer family.
SOCCER
Oct 15, 2023
Qatari investors withdraw bid for Manchester United
The Qatari group had offered more than £5 billion ($6.1 billion) for the team, compared to its current market value of $3.3 billion.
A Matsumotokiyoshi drugstore in Tokyo. Matsumotokiyoshi Holdings and Cocokara Fine integrated their operations in 2021.
BUSINESS / Companies / FOCUS
Oct 10, 2023
Japanese drugstores under pressure for realignment
One analyst has described realignment in the drugstore sector as "a natural course of development."
Pump jacks in an oil field in Midland, Texas. Big Oil is responsible for the bulk of human-induced greenhouse gas emissions and pressure for action is building.
BUSINESS
Oct 7, 2023
Exxon Mobil's megadeal to test climate-aware shareholders
Negotiations between Exxon and Pioneer are advanced but have not yet led to an agreement over the acquisition.
An exhibition featuring Studio Ghibli films, including calligraphy by film producer Toshio Suzuki with famous film lines, is held in Bangkok in February 2022.
COMMENTARY / Japan
Sep 22, 2023
Is this the end for Japan’s iconic Studio Ghibli?
It’s tough to find an appropriate analogy for the Ghibli sale; the only one that comes close is Disney's purchase of Pixar for $7.4 billion in 2006.
Toshiba said the Japan Industrial Partners-led consortium had gained 78.65% of Toshiba’s outstanding shares through the bid, which began Aug. 8, paying ¥4,620 per share.
BUSINESS / Companies
Sep 21, 2023
Toshiba to go private after success of ¥2 trillion takeover bid
The Japan Industrial Partners-led consortium has gained 78.65% of outstanding shares, paying ¥4,620 per share.
As visitors surge, Japan seeks ways to make tourism eco-friendly
Much like other hot spots across Okinawa, Onna has diligently strived to captivate both domestic and international tourists, while at the same time grappling with the environmental strain induced by the influx of visitors.
Japan says Biden's description of nation as xenophobic is 'unfortunate'
The National Diet building in Tokyo
Tokuryū, a new crime menace in Japan, emerges from the shadows
The National Police Agency coined the term "tokuryū" to classify individuals involved in dark part time jobs and quasi-gangsters, using the words "tokumei" (anonymous) and "ryūdo" (fluid) to reflect their characteristics.
Japan's labor crunch persists despite slight improvement
Over 300 companies went out of business in fiscal 2023 due to labor shortages, according to Teikoku Databank.
Is Modi’s party heading for a stunning election loss?
Indian Prime Minister Narendra Modi's campaign tactics have escalated, including anti-Muslim rhetoric and fearmongering, reflecting his ruling party's desperation.
How a Japanese scientist is turning the climate crisis into music
A screencap of a performance of Hiroto Nagai's “String Quartet No. 1 ‘Polar Energy Budget’” by the PRT Quartet
Japan’s tween skateboarders get head start on preparations for 2028 Olympics
Ibuki Matsumoto competes at an event in Osaka on April 21.
Pentagon reveals drone types for Replicator program to counter China
A U.S. Naval Special Warfare Operator fires a Switchblade 300 loitering munition during training exercises in Fallon, Nevada, last July. The U.S. Defense Department plans to use small drones — known in the Pentagon as “all-domain attritable autonomous systems” — to help counter Chinese military systems and tactics.
As visitors surge, Japan seeks ways to make tourism eco-friendly
Much like other hot spots across Okinawa, Onna has diligently strived to captivate both domestic and international tourists, while at the same time grappling with the environmental strain induced by the influx of visitors.
Kishida talks up bolstered Latin American ties as China cements position
Prime Minister Fumio Kishida holds a news conference in Sao Paulo on Saturday.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

Rows of irises resemble a rice field at the Peter Walker-designed Toyota Municipal Museum of Art.
The 'outsiders' creating some of Japan's greenest spaces
By Stephen Mansfield

SUSTAINABLE JAPAN

Prize winner Maki Imoto catches light with glass
Prize winner Maki Imoto catches light with glass

SPECIAL SUPPLEMENTS note

Read more

SUPPLEMENTS BINDER