Hitachi Ltd (6501.T)
TOKYO U.S. buyout firm KKR has put on hold a planned acquisition of Hitachi Ltd's chip making equipment and video solution business, the companies said, citing issues over the terms of the deal.
* Hitachi Kokusai's committee does not support KKR's offer price
* No future for smartphone panel business without OLED -CEO (Recasts with CEO comments; adds background)
TOKYO Japanese industrial conglomerate Hitachi Ltd reported a stronger-than-expected quarterly profit on Friday, helped by lower costs as well as strong sales of high-speed trains in Britain and construction machinery in China.
* U.S fund Elliott in feud with Hitachi over acquisition price
ZURICH Swiss firm Landis+Gyr, Toshiba's smart meters business, reckons it will be valued at up to 2.4 billion Swiss francs ($2.5 billion) in its upcoming share listing and is keen to cut ties with its scandal-hit parent.
ZURICH, July 12 Swiss firm Landis+Gyr, Toshiba's smart meters business, reckons it will be valued at up to 2.4 billion Swiss francs ($2.5 billion) in its upcoming share listing and is keen to cut ties with its scandal-hit parent.
BRUSSELS, July 3 The following are mergers under review by the European Commission and a brief guide to the EU merger process:
ZURICH Swiss smart meter maker Landis+Gyr plans an initial public offering (IPO) in the third quarter as its owner, Japanese conglomerate Toshiba, scrambles to raise funds to cover losses at bankrupt U.S. nuclear unit Westinghouse.
* IPO seen as more likely option -source (Adds CEO comment, details)