Tag - mergers

 
 

MERGERS

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 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 coveted...
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.
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.
BUSINESS / Companies
Jun 17, 2016
Japan’s Idemitsu Kosan and Showa Shell to merge on April 1
Japanese refiner Idemitsu Kosan Co and smaller rival Showa Shell Sekiyu will merge on April 1 next year, the two companies said on Friday.
BUSINESS / Companies
May 16, 2016
Nippon Steel to take control of Nisshin to weather China glut
Nippon Steel & Sumitomo Metal Corp., Japan’s largest steel maker, said it will take majority control of the nation’s No. 4 mill, Nisshin Steel Co., as the industry consolidates in the face of a global supply glut.
Japan Times
BUSINESS / Companies / ANALYSIS
Apr 4, 2016
For Hon Hai, turning around Sharp will be tougher than takeover
Terry Gou has pledged to keep Sharp intact, respect its independence and try to preserve jobs. He will have a hard time keeping those agreements.
BUSINESS / Companies
Mar 30, 2016
Hitachi, Sagawa Express agree to buy stakes in distribution businesses
Hitachi Ltd. and Sagawa Express Co. agreed Wednesday to buy stakes in each other’s distribution businesses as competition among Japanese logistics companies intensifies.
Japan Times
BUSINESS / Companies
Dec 12, 2015
Dow, DuPont agree on $130 billion merger
Chemical titans DuPont and Dow Chemical Co. have agreed to combine in an all-stock merger valued at $130 billion in a first step toward breaking up into three businesses, a move that pleased activist investors and could trigger more consolidation.
Japan Times
BUSINESS / Companies
Dec 4, 2015
Toshiba, Fujitsu, Vaio reportedly discussing massive PC merger
The three firms are reported to be in talks on consolidating their personal computer businesses to create a behemoth with a large market share.
BUSINESS / Tech
Jun 9, 2015
Chip firms ink $66 billion in mega mergers as Internet of Things connections spread
Chip companies are merging, signing $66 billion worth of deals this year alone in preparation for an explosion of demand from all walks of life as the next technological revolution takes hold: the Internet of Things.
BUSINESS / Companies
Mar 26, 2015
Mizuho seeks to build on No. 1 M&A rank by hiring bankers abroad
Mizuho Financial Group Inc., which vaulted to the top spot among Japan’s merger advisers this year by working with Japan Post Holdings Co. and Itochu Corp., plans to build on that position by hiring bankers in the United States and Asia.
BUSINESS / Companies
Mar 11, 2015
FamilyMart likely to absorb Uny in forming second-biggest convenience store chain
FamilyMart Co. and Uny Group Holdings Co. have confirmed they are in merger talks and will decide the basic terms by August to form Japan’s second-largest convenience store chain in terms of sales.
Japan Times
BUSINESS
Feb 24, 2015
Japan Inc. shops abroad to duck bleak domestic prospects
With shrinking prospects at home and the threat of further yen weakness, Japanese companies are rushing to buy overseas and seem willing to pay top dollar, as shown by Japan Post’s $5 billion bid for Australia’s Toll Holdings.
Japan Times
BUSINESS / Companies
Feb 9, 2015
Growth concerns loom for Daiichi Sankyo on drug warning
Daiichi Sankyo Co. risks losing a slice of revenue to generic-medicine competition next year. Now, the drugmaker’s plans to fill the gap have hit a roadblock and investors worry that growth may flounder.
BUSINESS / Companies
Feb 6, 2015
RadioShack files for bankruptcy, will sell up to 2,400 stores
Electronics retailer RadioShack Corp. filed for U.S. bankruptcy protection on Thursday and said it had a deal in place to sell as many as 2,400 stores to an affiliate of hedge fund Standard General, its lender and largest shareholder.
Japan Times
BUSINESS / Companies
Oct 25, 2014
After IPO, Recruit finds 100 potential acquisition targets
Recruit Holdings Co., Japan’s biggest provider of temporary staff, has identified about 100 global companies as potential takeover targets since its an initial public offering this month.

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