Crypto lender Amber Group is weighing options for its Japan unit, including a possible sale, and plans to apply for a Hong Kong license following the city’s pivot toward creating a digital-asset hub. The evaluation of...
Octopus Energy invests in Japanese solar power developer
Octopus Energy’s generation arm has invested in Japanese solar power developer Yotsuya Capital to develop new solar farms in Japan over the next five years, in its first investment in Asian renewables generation...
Vietnam’s VPBank completes $1.5 bln stake sale to Japan’s Sumitomo Mitsui
Vietnam Prosperity Joint Stock Commercial Bank said it has sold a 15% stake for $1.5 billion to Sumitomo Mitsui Financial Group Inc, expanding the Japanese bank’s presence in one of Asia’s fastest-growing...
Japan’s JERA to buy Belgium’s top offshore wind company for $1.7 bln
Japan’s top utility JERA has agreed to buy Parkwind, Belgium’s largest offshore wind platform, for 1.55 billion euros ($1.7 billion), as it expands in renewable power to meet decarbonisation goals. JERA, a...
Vietnam’s VPBank nears $1.4 bln stake sale to Japan’s Sumitomo Mitsui
Vietnam Prosperity Joint Stock Commercial Bank is nearing a deal to sell a 15% stake to Sumitomo Mitsui Financial Group Inc for $1.4 billion, Bloomberg News reported on Saturday citing people familiar with the...
Japan’s Inpex buys stake in UK offshore wind farm from Mitsubishi
Inpex, Japan’s largest oil and gas exploration and production company, said on Thursday it has bought a 16.7% stake in the Moray East offshore wind farm in Scotland from Mitsubishi to expand further into renewable...
Japan Post considers nearly $9 bln sale of stake in banking business -sources
Japan Post Holdings Co is considering cutting its stake in its Japan Post Bank Co business by around a third by the end of next month, in a share sale potentially worth nearly $9 billion, people familiar with the matter...
Japan’s advertising Co Hakuhodo picks up 51% in MA&TH
Japanese advertising major Hakuhodo has acquired a 51% stake in Indian brand and entertainment agency group Marching Ants & Trigger Happy Entertainment Network (MA&TH). The financial details of the deal were not...
Western Digital, Japan’s Kioxia restart merger talks – Bloomberg News
Memory chip maker Western Digital Corp and Japan’s Kioxia Holdings Corp have restarted merger talks, Bloomberg News reported, citing sources familiar with the matter. The report added that the structure of a...
Japan’s MUFG to invest $200 mln in Indonesian fintech Akulaku
Japan’s Mitsubishi UFJ Financial Group (MUFG) said its banking unit will invest $200 million in Indonesian fintech company Silvrr Technology Co Ltd, known as Akulaku. Backed by China’s Alibaba Group, Akulaku...
Japan’s Mitsubishi UFJ to buy two Asia units of Home Credit for $596 mln
Japan’s Mitsubishi UFJ Financial Group Inc said it would buy the Philippines and Indonesian units of Dutch consumer finance company Home Credit Group BV for about 596 million euros ($621 million). The deal comes...
Japan’s Kirin raises stake in Bira 91 to about 20% for ₹570 crore
Japanese beverages group Kirin Holdings has increased its stake in B9 Beverages, the maker of Bira 91 beer, close to 20% from 10% by investing an additional ₹570 crore in the company, valuing the beer maker at $550-600...