Yuka Obayashi
Stories by Yuka Obayashi
Japan’s JX Advanced Metals files IPO application with TSE
The market capitalisation of JXAM is expected to exceed 700 billion yen ($4.7 billion).
Aramco to buy stake in JV Petro Rabigh from Sumitomo Chem
Aramco and Sumitomo Chemical will each provide $702 million in funding to Petro Rabigh.
Japan’s Nippon Yusen to invest in Indonesia-based Pertamina’s shipping unit
The move by Japan's biggest shipping company is aimed at expanding business in Indonesia
Japan’s JFE to decide on electrical steel sheet JV with JSW in India this year
Japanese steelmakers are expanding in India while trimming their output capacity at home.
Japan’s JERA to buy 35% stake in Vietnam’s renewable energy firm for $112m
The deal will be completed by Oct or Nov
Japan’s Mitsui Sumitomo Insurance to buy US reinsurance broker Transverse for $400m
The Japanese property insurer aims to gain know-how of the reinsurance broker business
Japan’s Chubu Elec to buy 20% stake in India’s OMC Power for $39m
OMC operates about 280 renewable energy plants
JX Nippon Mining to sell stake in S Korea’s copper smelter for $727m
The exit comes as the firm faces weakening margins from smelting amid competition with larger Chinese rivals.
Nippon Steel buys majority stakes in two Thai firms from Ares SSG fund
Nippon Steel paid $419 million to buy stakes in G Steel and G J Steel.
Japan’s Marubeni to sell grains business of US unit to Glencore arm for $1.1b
Marubeni will keep Gavilon's fertilizer business and some facilities for grain export.