Japan's MUFG agrees to buy German lender DZ Bank's aviation finance arm for ¥710 billion
The unit acquired from Germany’s second-largest bank will be one of the Mitsubishi UFJ Financial Group’s biggest acquisitions since it was created in 2005.
Christophe Weber says growth and innovation are the metrics for success in Takeda Pharmaceutical Co.'s $62 billion purchase of Shire PLC. The first order of business is bringing global shareholders around to Japan's biggest-ever outbound takeover. The Takeda CEO is facing a 21 percent drop ...
Toshiba Memory Corp., the world's second-largest maker of NAND flash memory chips, is considering changing its name in 2019 as it seeks to introduce a new brand and raise its profile in the intensely competitive market. "As we have become independent of Toshiba Corp. we ...
Nippon Life to buy 25 percent of U.S. asset manager TCW from Carlyle
Nippon Life Insurance Co. has reached a deal to acquire 24.75 percent of U.S. investment firm TCW Group Inc. from U.S. asset manager Carlyle Group LP, the companies said recently. While terms were not disclosed, a person with direct knowledge of the matter said the ...
Nippon Paint's U.S. hopes dashed after deal with Buffett-backed Axalta falls through
Nippon Paint shares rise after the Japanese company gives up on buying Axalta Coating, dashing its hopes of entering the U.S. auto market.
Japan's cash-rich companies ready to spend reserves on M&As, but not wages: poll
Japanese companies are warming to mobilizing their mountains of accumulated cash for mergers and acquisitions but remain stubbornly resistant to wage increases, a poll showed on Monday. Prime Minister Shinzo Abe's government has struggled for years to coax companies to lift wages, seen as the ...
Asahi said to plan first Euro bonds after European expansion
Asahi Group Holdings Ltd. plans to sell its first bond in euros, following a $10 billion buying binge in Europe during the past year. The beverage company, which produces beers such as Asahi Super Dry and Peroni, intends to sell senior unsecured notes due in ...
Sapporo snaps up Anchor Steam in U.S. craft-beer foray
Anchor Brewing Co., a century-old San Francisco brewer that helped pioneer the craft-beer movement, will be acquired by Sapporo Holdings Ltd., part of a push by Japanese beverage companies to seek growth on U.S. soil. The business, best known for Anchor Steam beer, fetched about ...
Japan's 2016 net external assets rose to second-largest on record
Japan's net external assets rose to their second-highest amount on record at the end of fiscal 2016, driven by rising mergers and acquisitions overseas by firms and portfolio investment, the Finance Ministry said Friday. The net value of assets held by the government, businesses and ...
Nomura to hire more U.S. bankers to capture bigger share of overseas deal-making
As it seeks to overtake its rivals in the mergers and acquisitions rankings, Nomura Holdings Inc. is looking to hire more U.S. bankers to help it capture a greater share of overseas deal-making by Japanese firms. The brokerage is looking "once again" to hire bankers ...
Astellas to acquire Belgian drug-discovery firm for up to €800 million
Astellas Pharma Inc. said Monday it will acquire a full stake in Belgian clinical-stage drug-discovery firm Ogeda SA for up to €800 million ($854 million). The purchase is part of the Tokyo-based pharmaceutical company's strategy to strengthen its long-term growth by buying out firms with ...
Carlsberg A/S, the Danish beer-maker, is weighing the purchase of a 20 percent stake in China's Tsingtao Brewery Co., people familiar with the matter said. The Copenhagen-based company is working with an adviser on a potential bid for the Tsingtao stake being sold by Asahi ...
