Ritsuko Ando
Stories by Ritsuko Ando
Japan’s MUFG to exit US retail banking in $8b deal with US Bancorp
The exit is the latest departure from US retail banking by non-American lenders.
Japan’s Shinsei Bank mulls steps to fend off $1.1b SBI Holdings bid
Shinsei Bank is reportedly talking to potential white knights, including Seven & i Holdings and Sony.
Toshiba decides against $20b buyout offer from CVC, says open to “credible” offers
CVC's offer to take the company private lacked details, Toshiba said.
SoftBank strategy chief Katsunori Sago to step down
Sago, a Goldman Sachs alumnus, took the newly created strategy job at SoftBank in 2018.
Japan’s Kirin to terminate alliance with Myanmar partner following military coup
Kirin had bought a majority stake in Myanmar Brewery in 2015.
Japan Inc scrambles to assess fallout of coup in SE Asia’s “last big frontier” Myanmar
Major Japanese firms like Kirin Holdings have pushed into Myanmar since 2015.
Japan’s Kirin to buy “under 10%” stake in maker of Indian craft beer Bira for $30m
The investment would help Bira break even in the fiscal year starting April 2021, said its CEO.
COVID crisis won’t stop Japanese firms buying abroad: Suntory CEO
India, Southeast Asia and China were the most interesting markets for Suntory, said Takeshi Niinami.
Japan’s beverage maker Kirin confirms Lion Dairy sale talks with Bega Cheese
The deal size for the proposed transaction could be around $402 million.
Walmart to sell stake in Japanese supermarket chain Seiyu to KKR, Rakuten
KKR will buy 65% of Seiyu and Rakuten will acquire a 20% stake while Walmart will retain 15%.
