Japan Tobacco

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

By
Posted

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

SoftBank’s Q1 profit soars 49% on the back of Flipkart divestment

The telecoms and technology firm’s profit was also bolstered by the sale of the majority of chip designer ARM Holding’s Chinese operations to a local consortium.


Australian pension funds under scrutiny as disconnect between fees & performance grows

Managers of nearly a third of Australia’s $2 trillion in retirement savings will have their performance scrutinised at the Royal Commission into financial misconduct


SoftBank founder Masayoshi Son in his own words – all 303,513 of them

The SoftBank founder oversees the largest technology fund in history and is putting money into ride-hailing, e-commerce, digital payments, satellites, semiconductors, agriculture and cancer detection – just for a start.


CPPIB forays into Australia, NZ real estate debt market by seeding new fund

The fund will invest in middle-market real estate loans in Australia and New Zealand. Challenger Investment Partners will source and manage investments on behalf of the fund. 


Abraaj Fund investors said to hire advisers for debt recovery

The New York-based company will represent Abraaj Private Equity Fund IV’s backers in talks with liquidators as they seek to recover more than $99 million owed by the Dubai-based buyout firm


Australia’s Amcor in talks to buy US packaging company Bemis

A deal could be announced as soon as next week, according to a news report.


Japanese PE firm NSSK acquires Hotel Castle Inn Group

Hotel Castle Inn Group operates six hotels in the Mie Prefecture of the Chubu Region.


People Digest: BGH poaches Blackstone exec; Korea NPS names new global alts head

NPS has announced the promotion of its global private equity chief Hyung-Don Choe as its new global alternative investment head.


Japanese pension fund GPIF continues push to pick foreign assets

The world’s largest pension fund bought a net $6.9 billion of foreign assets during the quarter.