A second extension would only underscore deepening woes for Toshiba.
By Kathleen Chu
It plans to invest $100 million a year in Japanese companies.
Japanese financial conglomerate SBIHoldings Inc and a subsidiary of German media company Bertelsmann SE & Co KGaA have backed Berlin-based solarisBank AG, a fully licensed startup bank that enables businesses to offer digital financial services to their customers, solarisBank executives said on Monday. They said the bank has raised 26.3… Read more »
KKR & Co. is back in the business of public-to-private buyouts. The New York-based investment firm on Tuesday announced a $4.5 billion purchase of Japanese auto-parts maker Calsonic Kansei Corp., marking its first leveraged buyout of a publicly traded company since it snapped up Goodpack Ltd. of Singapore in May 2014…. Read more »
It’s not the e-commerce business that’ll command the most attention when Alibaba Group Holding Ltd posts earnings Wednesday. It’s the nascent cloud computing division that investors will scrutinize instead. China’s largest Internet company reports just a week before Katy Perry and other stars headline a launch party for the annual… Read more »
UK pharma firm Clinigen Group plc has opened an office in Tokyo and set up Clinigen KK, a move to strengthen its presence in Asia after the acquisition of Link Healthcare last year.
Hong Kong-based brokerage and investment firm CLSA’s alternative investment arm CLSA Capital Partners has acquired Japanese specialised staffing services company Outsourcing Investments Inc for an undisclosed amount. The investment in the Yokohama-based firm was made through CLSA Partner’s fund Sunrise Capital II, a fund that invests in established, mid-cap companies with… Read more »