Sony Music becomes largest shareholder in GungHo to revive Puzzle & Dragons Sony Music (Japan) becomes GungHo’s largest shareholder, seeking to revive developer Puzzle & Dragons through content, IP and …
stake
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Business
Nissan stake in Mitsubishi Motors sparks takeover interest from Honda and Foxconn
by Sato Asahiby Sato AsahiNissan stake in Mitsubishi sparks takeover talk as lockup nears end Nissan stake in Mitsubishi draws fresh takeover speculation as lockup period nears its 10th anniversary, opening options for Honda, …
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Business
Itochu plans to acquire 50% stake in Aviation Capital Group for ¥300bn
by Sato Asahiby Sato AsahiItochu to buy 50% of Aviation Capital Group in reported ¥300 billion deal Itochu to buy 50% of Aviation Capital Group in reported ¥300 billion deal TOKYO — Itochu Corporation …
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Business
World Cup stake proposal sparks AFC backlash as member associations weigh cash
by Sato Asahiby Sato AsahiFIFA Plan to Sell World Cup Minority Stake Sparks Rift Between AFC and Asian Federations FIFA’s proposal to sell a World Cup minority stake has created a sharp divide as …
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Bain Capital’s Kioxia Stake Sale Yields Record ¥2.5 Trillion Gain, Nikkei Says Bain Capital has realized an estimated ¥2.5 trillion ($17 billion) gain from selling part of its stake in …
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Hyundai Motor Q2 Operating Profit Falls Over 20% as U.S. Tariffs and Supplier Fire Disrupt Production Hyundai Motor’s Q2 operating profit dropped more than 20% as U.S. tariffs and a …
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Business
Sapporo invests $643m for 25% stake in Carlsberg Southeast Asia JV
by Sato Asahiby Sato AsahiSapporo to invest $643 million in Sapporo-Carlsberg joint venture to target premium beer markets in Asia Sapporo will invest $643 million in a Singapore JV with Carlsberg, taking a 25% …
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Business
Evergrande unit shares plunge after majority stake sale talks scrapped
by Sato Asahiby Sato AsahiEvergrande Unit Shares Plunge After Majority-Stake Sale Talks Collapse Evergrande unit shares plunged after talks to sell a majority stake were scrapped, dealing a blow to liquidators seeking funds and …
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Business
Nippon Life Holds Up to $3 Billion Paper Profit in SpaceX Stake
by Sato Asahiby Sato AsahiNippon Life Sees Up to $3 Billion Paper Gain from Longheld SpaceX Stake Nippon Life’s decade-long investment in SpaceX could be worth as much as $3 billion on paper, according …
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Business
Woodside buys PetroChina’s minority stake in Browse Gas Project
by Sato Asahiby Sato AsahiWoodside exercises pre-emption to raise stake in Browse Gas Project Woodside to buy PetroChina’s 10.67% interest in the Browse Gas Project, blocking a planned sale to Japan’s Inpex and increasing …