Junko Fujita

Baring PE Asia to invest $904m in Japan’s audio systems maker Pioneer

Baring will own 80.27 per cent of the company after the transaction completes.

HK fund Oasis fails to stop sale of Japan’s Alpine to major shareholder

Alps, which already owns 40 percent in the car navigation systems maker, had made an offer to buy the Alpine shares it does not already own last year.

Carlyle hires Morgan Stanley banker Tomofumi Matsuyama as Japan MD

Matsuyama is expected to cultivate deals related to the divesture of assets by large Japanese firms.

Japan’s $20b state-backed fund seeks to partner with global PE firms

Newly formed Japan Investment Corp has taken over the role of the Innovation Network Corporation of Japan (INCJ), one of the country’s state-backed funds that was set up to accelerate the growth of domestic companies.

KKR-owned Calsonic to buy Fiat Chrysler’s Marelli unit in $7.1b deal

The deal creates a global auto components giant with 15.2 billion euros in revenue.

Airbnb gets respite as Japan’s antitrust watchdog ends inspection of home-sharing platform

Japan Fair Trade Commission (JFTC) opened the probe because Airbnb had forced certain clients not to list properties on a rival website, a move that would undermine competition

US hedge fund Elliott ups stake in Japan’s Alps Electric

Elliott also owns a stake in Alpine Electronics, which is scheduled to hold an extra shareholders meeting by the end of this year to vote for the merger.

Anbang in talks to sell Japanese real estate worth $200m to Blackstone, others

The assets on sale are part of the portfolio of apartment buildings Anbang bought from Blackstone for around $2.3 billion.

Japan’s Orix agrees to buy 30% stake in Avolon from China’s HNA for $2.2b

Avolon is owned by Bohai Capital, which is in turn controlled by HNA.

Asahi Kasei to buy US Sage Automotive for $1.06b

Asahi Kasei said the acquisition is aimed at strengthening its position in the car interior market.