Tag - acquisitions

 
 

ACQUISITIONS

Japan Times
BUSINESS / Companies / FOCUS
Mar 26, 2023
Rocky road to Toshiba deal raises doubts about a future comeback
The questions now are whether activist investors will accept the terms — and whether the firm can restore its former glory.
Japan Times
BUSINESS
Mar 23, 2023
Nintendo family office sees success in engineering firm takeover
The saga pits Yamauchi No. 10 Family Office (YFO), which manages about ¥200 billion ($1.5 billion) in assets, against Toyo Construction, a firm known for its marine engineering operations.
Japan Times
BUSINESS / Companies
Mar 23, 2023
Toshiba board accepts JIP buyout proposal, report says
The JIP consortium last month submitted a binding buyout proposal backed by $10.6 billion in loan commitments from major banks.
Japan Times
BUSINESS / Companies
Mar 23, 2023
Japan's JERA to buy Belgium's top offshore wind company for $1.7 billion
JERA will add Parkwind's four offshore wind farms in Belgium and a new wind farm being built in Germany to its renewable portfolio through the deal.
Japan Times
BUSINESS / ANALYSIS
Mar 20, 2023
UBS swallows doomed Credit Suisse, casting shadow over Switzerland
The transaction — the first rescue of a global bank since the financial crisis of 2008 — grants enormous clout to UBS, ridding it of its main rival.
Japan Times
BUSINESS
Mar 20, 2023
The key takeaways from UBS Group’s historic Credit Suisse deal
UBS is paying 3 billion francs ($3.24 billion) for its battered rival in a deal aimed at avoiding a broader financial crisis.
Japan Times
BUSINESS / Companies
Feb 28, 2023
Toshiba buyout proposal faces increasing uncertainty
It is unclear whether activist shareholders, including foreign investment funds, will agree to a ¥2 trillion buyout proposed by a consortium led by investment fund Japan Industrial Partners.
Japan Times
BUSINESS
Feb 24, 2023
Orix weighs cutting contribution to JIP’s Toshiba offer, sources say
Orix is seeking to acquire ¥200 billion ($1.5 billion) of common and preferred Toshiba stock, down from the original ¥300 billion, the sources said.
Japan Times
SOCCER
Feb 21, 2023
Qatari bid for Manchester United poses questions over PSG's future
The tiny, gas-rich state is aiming even higher with its sights set on United, the most successful club in the history of the most powerful league in the world.
Japan Times
SOCCER
Feb 19, 2023
INEOS and U.S. hedge fund enter battle to purchase Manchester United
The club is widely seen as one of the most prized assets in all of sport, with Deloitte ranking it as the fourth-richest in the world.
Japan Times
BUSINESS / Tech
Feb 18, 2023
Tesla considering bid for battery metals miner
Tesla has been weighing a takeover of battery-metals miner Sigma Lithium, people with knowledge of the matter said, amid rampant demand for the metal used in electric vehicle batteries.
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.

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