Search Results for:Chang-Ran Kim

Japan’s Renesas agrees to buy US chipmaker IDT for $6.7b

The deal allows Renesas to bring on board IDT’s know-how in chips for wireless networks and data storage which are crucial for self-driving cars.


Japan’s Line raising $1.3b via convertible bonds for money businesses

The company said it plans to spend the bulk of the money raised on promotion of “LINEPay” and other new financial services by end-2021.


Japan’s Dai-Ichi Life to buy Australian unit of Suncorp for $460m

The move is seen as the latest overseas expansion attempt for a Japanese insurer grappling with a shrinking domestic market.


Japan Tobacco to buy tobacco business of Akij Group for $1.5b

Akij holds a one-fifth share of Bangladesh’s cigarette market.


Silicon Valley-style coding boot camp seeks to reboot Japan Inc

Long known as a “monozukuri” – or manufacturing – powerhouse, Japan is in danger of getting left behind as artificial intelligence, robotics, and machine learning sweep through industries from cars to banking


LCD maker Japan Display mulls raising $470m

Japan Display will turn to investment from domestic and overseas funds for now to shore up its finances.


Nippon Life to buy 85.1% stake in MassMutual Japan unit for $980m

The deal had been expected after reports last year that the companies were in talks.


Mitsubishi Heavy to sell stake in Mitsubishi Motors for over $460m

Nissan Motor Co is Mitsubishi Motors’ top shareholder with a controlling 34% stake.


Cash-strapped Japan Display discusses $1.8b deal with Chinese panel makers

Japan Display is aiming to agree a deal by the end of March.


Elliott again ups stake in Japan’s Hitachi Kokusai after KKR raises offer price

Elliott has become Hitachi Kokusai’s No.2 shareholder after Hitachi Ltd, which has a little over 50 percent.