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.
ISTANBUL/TOKYO A Turkish private jet operator said on Friday that ex-Nissan boss Carlos Ghosn used two of its planes illegally in his escape from Japan, with an employee falsifying lease records to exclude his name from the documents. | Video
TOKYO Toshiba Corp does not feel threatened by Hoya Corp's counter offer for Toshiba chip equipment unit NuFlare, saying that even if its own bid fails it does not expect Hoya to succeed.
* Hoya's has bid 12,900 yen per share vs 11,900 yen from
TOKYO The first meeting between senior Japanese and South Korean trade officials since Japan imposed controls on exports of high-technology materials to its neighbor ended hours later than scheduled on Monday, with the two saying they had reached "common ground" and agreeing to talk again.
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.
TOKYO Apple supplier Japan Display Inc said on Thursday it plans to receive up to 90 billion yen ($830 million) in financial support from Ichigo Asset Management, giving effective control to the Japanese asset manager.
SAN FRANCISCO/TOKYO D-Wave Systems, a Canadian quantum computer firm backed by billionaire Jeff Bezos, Wall Street titan Goldman Sachs and others, said Japan's NEC Corp will invest in it as part of a fundraising round and will also help it develop software.