Business deals
Sumitomo Forestry to buy U.S. apartment builder JPI for $215m
Japanese developer looks to capture U.S. demand for rental units
Business deals
Automobiles
Malaysia creates national auto champion, targeting EV pivot
Sime Darby purchase of UMW unites brands from Toyota to Perodua under its banner
Caixin
China's Everbright to pay $361m in British sports media fiasco
Settlement follows pledge to cover partners for losses if MPS deal went south
Market Spotlight
China property crisis holds Singapore, Hong Kong REITs back
Asia's real estate shares suffer doldrums as investors tread cautiously
Business deals
Japan's Studio Ghibli comes under Nippon TV umbrella
Broadcaster to take 42.3% stake and will be represented by three directors
Business deals
Toshiba eyes reintegrating four main subsidiaries after delisting
Once-mighty industrial giant aims to streamline for quick recovery
Business deals
Toshiba wins shareholder support for JIP's $14bn takeover offer
Consortium gains 78.65%; Japan conglomerate gets closer to taking it private
Business deals
Mitsui acquires 5.6% stake in Philippines' Metro Pacific in buyout
Infrastructure group to go private after consortium-led tender offer
Business deals
Toshiba says JIP's $14bn tender offer is about to succeed
Bid would put the electronics-to-power stations maker in domestic hands
Datawatch
Japan's world-leading chip materials makers risk being acquired
Their relatively small scale makes them ideal targets for foreign competitors
Business deals
Nidec to buy Japan's Takisawa, will launch tender bid Thursday
Motor maker's buyout approved after more than year of negotiations
Retail
KKR invests additional $250m in Mukesh Ambani's Reliance Retail
India's top retailer continues fundraising ahead of potential IPO
Retail
Fortress to invest $40m in renovations for Sogo & Seibu outlets
Japan department store operator will improve flagship location; no layoffs planned
Opinion
Activist investors cannot force Japanese mergers with ideas alone
Shareholder rejection shows limitations of Oasis Management's strategy
Business deals
Seven & i sells department stores to Fortress for estimated $600,000
Debts, capital adjustments squeeze transfer price for Sogo & Seibu
Business deals
Fortress to sell Sogo & Seibu assets to Japan retailer for $2bn
Electronics seller Yodobashi eyes role in reviving department store operator
Business deals
Japan's Seven & i decides to sell its department stores on Sept. 1
Retail giant to offload Sogo & Seibu subsidiary to U.S. investment fund
Retail
Seven & i to protect Japan department store's jobs after buyout
Retail group to waive over $600m in Sogo & Seibu's debt to help post-sale restructuring
Business deals
China's Xpeng to acquire Didi's smart EV unit in deal worth up to $744m
Didi to launch A-class mass-market model next year under new MONA brand
Automobiles
China's BYD buys U.S. Jabil's mobility unit for $2.2bn
EV maker wants to expand customer base, smartphone parts business
Retail
Japan department store braces for rare strike as U.S. buyout nears
Union warning to raise pressure over sale of Sogo & Seibu to Fortress Investment Group
Automobiles
Philippine's Ayala to form e-scooter venture with Taiwan's Gogoro
Conglomerate will handle import, sales, maintenance; provide charging stations
Consumer
Japan's Buyee offers BTS, K-pop goods via Korean e-tail deal
Partnership with Delivered Korea takes aim at U.S., Chinese e-commerce rivals
Business deals
Nippon Express to buy European shipper Tramo for international edge
Japanese company seeks expertise in furniture logistics to serve upscale clients
Business deals
Intel scraps $5.4bn Tower chip deal after China review delay
U.S. company still eyes foundry expansion despite dropping Israeli acquisition