Ritsuko Shimizu
Stories by Ritsuko Shimizu
KKR and Bain bid more than $5b each for Seven & i’s non-core assets
Japanese buyout firm JIP has also placed a bid for around 750b yen.
Japan’s Seven & i says receives buyout proposal from founding Ito family
Going private would allow Seven & i to continue under current management.
7-Eleven revival plan needs heavy lifting to stop Couche-Tard’s $47b takeover
Seven & i plans to split off its supermarket operation and some 30 other "non-core" units into a holding company.
Couche-Tard approaches Seven & i again after $38.5b offer rejection
The 7-Eleven operator has said the proposal is not in the best interest of its shareholder.
Seven & i to tell Couche-Tard its takeover bid price is “inadequate”: report
Couche-Tard offered roughly $41.8b when it made its proposal in July, Nikkei reported.
Japanese companies cannot use national security cover to block takeovers
The comments follow reports that Seven & i Holdings is seeking to be classified as "core" to national security.
Japanese banks less reluctant to finance hostile takeovers, lobby chief says
Japanese banks seen moving closer to Western-style dealmaking.
Japan’s Mizuho hunting for deals to bolster asset management business
Mizuho has about $475b in assets under management.
Japanese banks scramble to beef up asset management business amid reforms push
The business could potentially become a major profit centre for the bank.
Japan’s Daiwa to step up hunt for bankers, capitalising on M&A slump
Daiwa has set a target of increasing M&A revenue by 50%.
