T-Mobile's fate rests with judge after last arguments in Sprint trial
T-Mobile US Inc.'s bid to buy wireless rival Sprint Corp. is in a judge's hands after the companies made their final plea for him to reject a state lawsuit seeking to block the deal. U.S. District Judge Victor Marrero in New York heard closing arguments ...
Japanese firms set to outspend Chinese rivals in Asia amid favorable landscape
Japanese firms outspent their Chinese rivals for the second year in a row to be the biggest deal-making force in Asia in 2019, aided by favorable financing and reduced competition in the face of U.S.-China tensions. Over $200 billion of domestic and foreign deals shook ...
A Cowen & Co. analyst predicts that states opposing T-Mobile US Inc.'s $26.5 billion takeover of Sprint Corp. may have convinced a federal judge to block the deal. Based on two weeks of court testimony last month and the nature of the questions U.S. District ...
Shareholder activism rises in Japan as firms go hostile and investors speak out
Record shareholder activism is combining with rare hostile takeover bids in Japan, in a trend that's seen as good news for investors in the country's ¥675 trillion stock market. Activists such as Elliott Management Corp. have been snapping up shares in targeted firms and agitating ...
Could merger talks finally produce a credible opposition force in Japan?
With the close of the extraordinary Diet session on Dec. 9, some of the largest opposition parties once again entered talks about merging before year's end, with an eye toward increasing their seats in the next general election. Here's a look at the talks ...
The attempt by Yahoo and Line to create a bigger online platform is a good news for Japan.
Fiat Chrysler and Peugeot owner PSA Group exploring potential merger
Fiat Chrysler Automobiles NV and French carmaker PSA Group are exploring a merger, in a potential deal that would reshape the global auto industry and create a European powerhouse to rival Volkswagen AG, people with knowledge of the matter said. The two companies are holding ...
Japan drugstore giants Cocokara and Matsumotokiyoshi in merger talks
Major drugstore chain Cocokara Fine Inc. said Wednesday it will enter merger negotiations with industry peer Matsumotokiyoshi Holdings Co. If the two giants merge, they would create an industry leader with sales of some ¥1 trillion. Amid intensifying competition, further realignment moves are likely to follow, ...
Nissan and Renault considering restructuring for Fiat merger: report
Nissan Motor Co. and Renault SA eye changes to their partnership in order to reinvigorate merger negotiations with U.S.-Italian automaker Fiat Chrysler Automobiles NV.
One-stop bourse handling stocks and commodities to launch in Japan in summer 2020
Japan Exchange Group Inc. (JPX) and Tokyo Commodity Exchange Inc. said Tuesday they have agreed on a merger to launch the country's first all-in-one exchange that can handle both stocks and commodity futures. The bourses hope that the new exchange, to be introduced in summer ...
No need to review Renault-Nissan capital relationship, says French President Emmanuel Macron
Frances president says there is no need for Paris to lower its stake in Renault, and that his government sees no reason to review the current capital structure with Nissan.
