The Japanese brewer, which has been seeking overseas deals to ... value of the deal represents a multiple of 14.9 times EBITDA. The pricing of its shelved IPO had applied a multiple of 16-18 times for ... ( read original story ...)
AB InBev keeps Asia IPO hopes alive as Asahi buys Australian unit
The sale to Tokyo-based Asahi is expected to conclude by the first quarter ... Last week the company pulled a planned IPO of its regional operations that had aimed to raise as much as 9.8 billion U.S. ... ( read original story ...)
AB InBev keeps Asia IPO hopes as Asahi buys Australian unit
(Bloomberg pic) TOKYO: Anheuser-Busch InBev NV agreed to sell its Australian ... The company last week pulled a planned IPO of its regional operations that aimed to raise as much as US$9.8 billion. ... ( read original story ...)
Japan shares jump as Fed signals month-end rate cut, chip sector lead gains
Bucking the overall trend, Japan Post Holdings Co Ltd shed 0.8 per cent to an all-time low after the Nikkei business daily reported the country's largest private insurance firm Nippon Life requested ... ( read original story ...)
Japan Inflation Hits 2-Year Low as BOJ Faces Pressure to Act
(Bloomberg) -- Japan’s key inflation gauge fell again in June, adding to pressure on the Bank of Japan to join its global peers in increasing monetary stimulus. Consumer prices excluding fresh food ... ( read original story ...)
AB InBev Sells Australia Unit to Asahi for $11.3 Billion; Still Weighing Asia IPO
The sale to Tokyo-based Asahi is expected to conclude by the first quarter ... The company last week pulled a planned IPO of its regional operations that aimed to raise as much as $9.8 billion. ... ( read original story ...)
Japan problems add to woes of South Korea’s troubled auto sector
"With automakers in trouble, their losses are spilling over to suppliers," Oto CEO Kim Sun-Hyun told Nikkei Asian Review ... Now the prospect of a crackdown in Japan on exports to the industry ... ( read original story ...)
Tokyo stocks open higher on buybacks
Tokyo stocks opened higher on Friday, recouping some of their sharp losses the previous day, after a solid performance on Wall Street. The benchmark Nikkei 225 index, which lost nearly two percent on ... ( read original story ...)
Toshiba Chip Business Changes Name Before Planned IPO
Toshiba, a Japanese conglomerate founded in the 1800s ... While Bain has made clear that it’s planning to hold an IPO for the business by mid-2021, local media have reported that it may file for a ... ( read original story ...)
Budweiser Brewer Explores Asset Sales After Calling Off Asia IPO
South Korea and Australia were part of a unit, which included Japan, that generated about $3.3 billion in revenue in 2018, according to the IPO documents. The Australia business includes local rights ... ( read original story ...)
Japan tensions step up pressure on South Korea’s struggling auto sector
"With automakers in trouble, their losses are spilling over to suppliers," Oto CEO Kim Sun-Hyun told Nikkei Asian Review ... Now the prospect of a crackdown in Japan on exports to the industry ... ( read original story ...)
Tokyo Finance – Ntimation For Change In Address And E-Mail ID Of Registrar And Share Transfer Agent (RTA).
With reference to the above, we wish to inform you that our Registrar and Share Transfer Agent (RTA) i.e. Sharex Dynamic India Private Limited has shifted its registered office to the following ... ( read original story ...)
Nikkei slips to 3-week low as trade worries haunt earnings
TOKYO, July 18 (Reuters) - Japan’s Nikkei fell to three-week lows early on Thursday as the country’s dismal exports and weak U.S. corporate earnings raised fresh worries about fallout from the ... ( read original story ...)
South Korea’s central bank lowers rate amid Japan trade row
SEOUL, South Korea — South Korea’s central bank on Thursday cut its policy rate for the first time in three years to shore up growth threatened by a trade dispute with Japan. The Bank of Korea lowered ... ( read original story ...)
Bank of Japan’s Next Move to Be More Easing, Say Majority of Economists-Reuters Poll
TOKYO — Expectations have risen sharply that the Bank of Japan's next policy move will be to ease further, a Reuters poll of economists found, as the U.S. Federal Reserve looks set to cut interest ... ( read original story ...)
Groping for new tools, central banks look at Japan’s yield controls
A departure from the classic focus by central banks on short-term rates, the Bank of Japan's "yield curve control" initiative aims to anchor longer-term rates that often more directly influence ... ( read original story ...)