Tag - cerberus

 
 

CERBERUS

BUSINESS / Companies
Apr 10, 2014
Chagrined Seibu cuts IPO value 73%
Seibu Holdings Inc., owner of Japan's biggest hotel chain, reduced the size of its initial public offering by at least 73 percent with its largest shareholder opting out after investors balked at the valuation.
BUSINESS / Companies
Jul 12, 2013
Cerberus needs cooperation of Mizuho for next Seibu tack: Gomi
Cerberus Capital Management LP, the biggest shareholder of Seibu Holdings Inc., should approach Mizuho Financial Group Inc. to help it narrow its differences with the hotel operator, said Hirofumi Gomi, a former candidate for the Seibu board.
BUSINESS / Companies
Jun 28, 2013
Cerberus impasse with Seibu appears set to drag on
How the public battle between U.S. private equity fund Cerberus Capital Management L.P. and Seibu Holdings Inc. over management of the struggling railway and hotel operator remains unclear even after the Seibu shareholders' meeting Tuesday.
BUSINESS / Companies
Mar 27, 2013
Seibu rebuffs takeover bid by U.S. fund Cerberus
Seibu Holdings Inc. said Tuesday it opposes a takeover bid by its top shareholder, U.S. private equity firm Cerberus Capital Management LP, because the move could undermine the railway and hotel operator's corporate value.
Japan Times
JAPAN
Mar 27, 2013
Saitama urges Seibu to keep Chichibu Line open
Saitama Gov. Kiyoshi Ueda and other local leaders are making their case to Seibu Holdings Inc. to keep the Seibu Chichibu Line open as rumors swirl that the firm's biggest shareholder is demanding that the unprofitable railway section be abandoned.

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji