Edition:
United Kingdom

Junko Fujita

Japan Post Holdings unable to say when it will resume insurance policy sales

31 Jan 2020

TOKYO, Jan 31 The chief executive of Japan Post Holdings Co Ltd, Hiroya Masuda, said on Friday that the conglomerate could not say when it would resume selling insurance products, after being banned from doing so by the government.

Japan's Maeda Road seeks white knight to thwart hostile takeover

29 Jan 2020

TOKYO, Jan 29 Maeda Road Construction has been talking to potential white knights to try to thwart a hostile takeover offer from its biggest shareholder, the Japanese roadbuilder told Reuters on Wednesday.

Teikoku Sen-i should boost dividend, buy shares - UK's AVI

28 Jan 2020

TOKYO London-based Asset Value Investors said on Tuesday it has submitted proposals to Japan's Teikoku Sen-i Co asking the maker of fire-fighting equipment to boost its dividend and conduct a share buyback.

Blackstone raises Unizo offer to $1.75 billion, topping rival

28 Jan 2020

TOKYO U.S. private equity firm Blackstone Group has raised its proposed offer for Unizo Holdings by 12% to 191.6 billion yen (1.33 billion pounds), topping a rival bid from U.S. buyout fund Lone Star that is backed by the Japanese hotelier.

Japan activist investor Murakami makes hostile bid for ex-Toshiba unit

21 Jan 2020

TOKYO Japan's most prominent activist investor launched an up to $235 million hostile bid on Tuesday for control of Toshiba Machine Co Ltd , ignoring a threat by the former Toshiba Corp unit to implement defense measures against a takeover.

Japan orders tighter immigration procedures after Ghosn flees country

05 Jan 2020

TOKYO Japan on Sunday said it would tighten immigration measures after former Nissan boss Carlos Ghosn fled the country while on bail, its first official response to an astonishing escape that has transformed the executive into an international fugitive. | Video

Lone Star emerges as white-knight bidder for Japanese hotel chain Unizo

23 Dec 2019

TOKYO Japanese hotel chain Unizo Holdings said on Sunday it had received a friendly buyout offer from U.S. investment fund Lone Star, a deal that could end a five-month takeover battle involving Blackstone Group , Fortress Investment Group and activist investor Elliott Management.

Japan's Hoya to launch $1.4 billion counter-bid for Toshiba unit NuFlare

13 Dec 2019

TOKYO Japan's Hoya Corp said on Friday it would make a $1.4 billion counter-bid for NuFlare Technology Inc in what could become a hostile offer for the Toshiba Corp unit, which the electronics conglomerate plans to buy out.

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