Chang-RanKim
Stories by Chang-RanKim
Japan’s Advantage Partners mulls investing in ANA-backed Star Flyer
Global airlines are facing record losses as the coronavirus pandemic discourages travel.
India: Japan’s Orix to invest $980m in renewables firm Greenko
Orix will take a stake of more than 20 per cent in Greenko within this year.
Kirin abandons sale of Australia’s Lion-Dairy to China Mengniu
Kirin said the deal was terminated because approval from the Foreign Investment Review Board (FIRB) was unlikely to come.
Hoya mounts $1.4b counter-bid for Toshiba unit NuFlare
Hoya said it would pay $1.4 billion provided Toshiba’s tender offer is unsuccessful.
Japan’s SBI Holdings, Fukushima Bank to form capital, strategic tie-up
Fukushima will issue new shares to SBI for 222 yen each for a total investment of 1.11 billion yen, making it the biggest shareholder.
Japan’s Unizo withdraws support for $1.3b takeover bid by Softbank-backed fund
Fortress last month offered 4,000 yen ($37) a share for Unizo.
Toyota may invest about $550m in Chinese ride-hailing firm Didi
Toyota has made large investments in other ride-hailing firms such as Uber and Grab as traditional automakers race to team up with disruptive tech com
Daiichi Sankyo looking to sell OTC drug unit for about $900m
It had earlier hired JPMorgan to advise on the potential sale of the unit, Daiichi Sankyo Healthcare.
SoftBank Corp to spend $4b to hike Yahoo Japan stake to 45%
With that addition, SoftBank Corp forecast its operating profit would rise to 890 billion yen in the current financial year through March 2020.
Japan’s KDDI to buy minority stake in Kabu.com for $800m
KDDI will pay 559 yen per Kabu.com share, a 4.68 percent premium over Friday’s closing price, for a minority stake in the online brokerage.
