Search Results for:Emi Emoto

Squeezed at home, Japan’s Nomura seeks to push into Wall Street’s home turf

Nomura Holdings is boosting its U.S. investment banking business,

Hard Rock seeks up to 60% in Japanese casino resort

Seeking entry into what could become the world’s second-biggest casino market.

MGM Resorts to bet up to $10b on Japan casino, may explore REIT

Casinos are currently banned in Japan, but the odds of their legalisation have improved sharply thanks to political shifts that could open the world’s next great frontier for high-roller gambling.

Japan’s Line sets top price for up to $1.3b IPO

Line Corp set the price for its initial public offering at the top of its marketing range, raising up to $1.3 billion, a regulatory filing showed on Monday, reflecting robust appetite for the Japanese messaging app firm. The company set the IPO price at 3,300 yen per share, compared with… Read more »

Japan: Hitachi Zosen readies $389m M&A warchest for energy-from-waste biz

Hitachi Zosen Corp is pursuing M&As as it seeks to strengthen its waste-to-energy plant business and expand to South Asia and the Middle East. It has set aside $389 million for M&A as part of a three-year business plan.

IPO investors look beyond Line’s cuddly bears, flatulent bunnies

Line Corp will likely raise between $2 billion and $3 billion in a dual Tokyo-New York listing set for July.

Japan’s SMBC Nikko sets up investment banking team in New York: CEO

Japan’s SMBC Nikko Securities, a unit of bank Sumitomo Mitsui Financial Group, is setting up a niche investment banking team in New York, its chief said, testing the waters of global finance just as domestic rival Nomura scales back. The team will focus on mergers and acquisitions and then debt… Read more »

Japan’s Orix plans $1b US private equity deals

Japanese financial services company Orix Corp plans to spend $1 billion over three-to-five years on acquisitions via a private equity firm it has set up in the United States, a person with direct knowledge of the matter said.

Toshiba to sell entire medical unit, deal may see aggressive bids

Struggling Toshiba Corp plans to sell its entire medical equipment unit rather than just a controlling stake, people familiar with matter said, adding that aggressive bidding could value the business at much more than initial estimates of $3.5 billion. The deal will provide much needed liquidity to Toshiba, which is… Read more »

Third Point buys 5% in Japan’s 7-eleven stores operator Seven & I

Third Point has bought a stake in retailer Seven & I Holdings, sources with knowledge of the matter said on Tuesday, the latest investment in Japan for the US hedge fund run by billionaire investor Daniel Loeb. Shares of the 7-Eleven convenience store operator rose more than 4 percent in early… Read more »