Chris Gallagher
Stories by Chris Gallagher
SoftBank-owned Fortress left as sole bidder for Unizo after HIS bows out
The tug-of-war over Unizo has marked a stark departure from most acquisitions in Japan, where takeovers tend to be pre-agreed deals waiting to be rubb
SoftBank’s Fortress emerges white knight for Japanese hotel chain Unizo with $1.3b bid
Unizo has publicly opposed the H.I.S. bid, saying it lacked synergy and undervalued the hotel chain.
Chinese group to take control of Apple supplier Japan Display in $2.1b bailout
The deal will make the buyers Japan Display's biggest shareholders - with a 49.8% stake - replacing the Japanese government-backed INCJ fund.
Japan Post to sell nearly a third of insurance unit for $3.7b
Japan Post Holdings plans to initially reduce its stake in the insurance and banking units to 50% in multiple stages, and eventually dispose of its en
Nissan’s Ghosn indicted on two new charges of financial misconduct
Ghosn, detained since his Nov. 19 arrest, had already been charged for under-reporting his income for the five years through 2015.
Nissan to fire Carlos Ghosn over financial misconduct allegations
The reports came as a shock in Japan where Ghosn, a rare foreign top executive, is well regarded for having turned Nissan around from near bankruptcy.
Johnson & Johnson makes $2.1b offer to fully buy Japanese cosmetics firm Ci:z
J&J is the second largest shareholder of the Japanese firm and owns a 19.9 percent stake through its affiliate.
Japanese refiner Idemitsu to buy out Showa Shell in $5.6b share swap deal
The combined firm would account for about 30 percent of Japan's domestic gasoline sales.
Japan’s Renesas agrees to buy US chipmaker IDT for $6.7b
The deal allows Renesas to bring on board IDT's know-how in chips for wireless networks and data storage which are crucial for self-driving cars.
Japan’s Kirin considers selling Australian Lion-Dairy and Drinks unit
Kirin has been reviewing its business portfolio, which spans alcohol, beverages, food and drugs at home and overseas.
