Tag - mergers

 
 

MERGERS

Japan Times
BUSINESS
Jul 12, 2017
Nation's regional banks facing choice of mergers or extinction
Hiroshi Iwama and Mitsunori Watanabe used to joke about merging their banks in central Japan. When the Bank of Japan introduced negative interest rates last year, things got serious.
Japan Times
BUSINESS / Companies
Jul 7, 2017
What to expect at Idemitsu as acrimonious court battle looms
Idemitsu Kosan Co.'s plan to raise as much as ¥138.5 billion ($1.2 billion) by selling 48 million shares sent its stock on its biggest fall since 2008 on Tuesday. The refiner's move is the latest in the fight with its founding family over a merger with longtime rival Showa Shell Sekiyu K.K.
Japan Times
BUSINESS / Companies
Jul 7, 2017
GE and Canon risk fines as EU clamps down on merger violations
General Electric Co., Merck KGaA, Sigma-Aldrich Corp. and Canon Inc. are the latest companies to risk hefty penalties as the European Commission clamps down on violations of its merger approval procedures.
Japan Times
BUSINESS / Companies
Jul 3, 2017
Idemitsu row escalates as share offering spurs legal battle
The row between Idemitsu Kosan Co. and its founding family has escalated with the oil distributor saying it will issue new shares through a public offering that will weaken the family's control and allow it to pursue a stalled merger with Showa Shell Sekiyu K.K.
Japan Times
BUSINESS / Companies
May 12, 2017
SoftBank may seek merger talks between Sprint, T-Mobile US
SoftBank Group may propose to T-Mobile US that the American mobile carrier enter merger talks with SoftBank's U.S. subsidiary Sprint, sources said Thursday.
Japan Times
BUSINESS / Companies
Apr 24, 2017
In hunt for deal, Sprint said to look at options beyond T-Mobile
Wall Street is betting Sprint Corp. and T-Mobile US Inc. will soon revive talks on a blockbuster merger, but a recent surge in demand for wireless assets has Sprint exploring other ways to unleash value.
BUSINESS / Companies
Feb 28, 2017
SoftBank reportedly in talks to merge OneWeb satellite startup with Intelsat
SoftBank Group Corp., the technology giant controlled by billionaire Masayoshi Son, is in talks to merge the satellite startup it's backing, OneWeb Ltd., with satellite provider Intelsat SA, according to sources familiar with the matter.
Japan Times
BUSINESS / Companies
Feb 13, 2017
Micro M&A advisers riding population trends to success
Boutique advisers specializing in micro mergers and acquisitions for mostly family-run firms are enjoying a boom as the aging, shrinking population puts the squeeze on Japan's small business landscape.
BUSINESS
Dec 30, 2016
Political upheavals around world may herald trouble for mega-deals in 2017
As companies brace for the impact of 2016's political shocks and looming elections next year, global appetite for mega-mergers may slow amid the prospect of increased protectionism.
BUSINESS / Companies
Dec 21, 2016
Shareholders approve JX, TonenGeneral merger, forming new oil giant
Shareholders of JX Holdings Inc., Japan's biggest oil refiner, and third-ranked TonenGeneral Sekiyu K.K. approved a planned April merger on Wednesday.
BUSINESS / Companies
Dec 19, 2016
Regulator approves JX-TonenGeneral and Idemitsu-Showa Shell mergers
The Fair Trade Commission has approved the merger of Japan's largest oil refiner, JX Holdings Inc., and third-ranked TonenGeneral Sekiyu K.K.
Japan Times
BUSINESS / Companies
Nov 2, 2016
After Japanese merger, world's biggest shipping company hopes for more
A.P. Moller-Maersk A/S, owner of the world's largest container line, said mergers like the combination of its three main Japanese rivals provide relief to an ailing industry that has been characterized by over-capacity.
Japan Times
BUSINESS / Companies
Oct 31, 2016
Japan's top three shippers to merge container businesses into world's No. 6
Creating the new behemoth is aimed at surviving the shrinking global container industry.
Japan Times
BUSINESS / Companies
Oct 22, 2016
AT&T agrees in principle to buy Time Warner for $85 billion
AT&T has reached an agreement in principle to buy Time Warner for about $85 billion, sources said on Friday, paving the way for the biggest deal in the world this year. The agreement would give the telecom company control of the cable TV channels HBO and CNN, the film studio Warner Bros. and other...
BUSINESS / Companies
Oct 8, 2016
Government-affiliated bank mulls stake in Fujitsu, Lenovo PC venture
A government-affiliated bank is considering investing in a joint personal computer business that Fujitsu Ltd. and China's Lenovo Group Inc. are negotiating amid a shrinking domestic PC market, sources close to the matter said Saturday.
Japan Times
BUSINESS / Companies
Sep 20, 2016
In hot water, bathroom fittings firm Lixil hires outsider to fix pipes
Early last year, big bets started to go wrong for a Japanese giant of toilets and faucets.
Japan Times
BUSINESS / Companies
Sep 9, 2016
Idemitsu scion's defiance imperils $1.7 billion refinery merger
In Japan's carefully choreographed corporate world, public power struggles are generally frowned upon. Shosuke Idemitsu, 89, apparently doesn't roll that way.
BUSINESS / Companies
Aug 31, 2016
JX, TonenGeneral finalize merger as Japan's biggest oil refiner
JX Holdings Inc. and TonenGeneral Sekiyu KK on Wednesday finalized an agreement to form Japan's biggest oil refiner starting in April.
Japan Times
BUSINESS / Companies
Aug 4, 2016
Idemitsu son buys Showa Shell stake in bid to stop merger
The son of the founder of Idemitsu Kosan Co. has begun buying shares in rival refiner Showa Shell Sekiyu KK in a bid to block a proposed merger between the two companies.
BUSINESS
Aug 1, 2016
Uber to sell Chinese unit to local rival Didi
Uber Technologies Inc. will sell its China business to Didi Chuxing, the dominant ride-hailing service in the country, according to people familiar with the matter. The deal ends a costly battle between the two companies, which competed for customers and drivers.

Longform

Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals