EMI to buy out Japan's Toshiba-EMI stake
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British music company EMI Group Plc will  buy out shares in Toshiba-EMI Ltd., the Japanese joint venture  it had with Toshiba Corp., to expand in the local music  industry, Toshiba said on Thursday.
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TOKYO (CBS.MW) - General Electric Co. said Wednesday it will buy Australian Financial Investments Group, a holding company for home loan lenders, to boost its mortgage business in that country.
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U.S.-based Fortress Investment Group Llc  has joined the pack of potential bidders for British music firm EMI Group Plc , The Sunday Telegraph reported, citing people familiar with the situation.
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Warner Music decides not to make a rival bid for EMI, the British music firm which is set to be bought out by a private equity group.
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Japan Tobacco Inc. said on Friday it would buy Britain's Gallaher Group Plc for $14.7 billion in the biggest-ever foreign acquisition by a Japanese company.
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EMI Group, the struggling British music company, has said that it has received a new takeover approach from US rival Warner Music.
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Toshiba Corp.  said it would buy  microprocessors from Advanced Micro Devices Inc. ,  ending its exclusive ties with Intel Corp.  for the  supply of the brains that run computers, and sending its shares  higher.
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LONDON -- Shares of record company EMI Group PLC, whose artists include David Bowie and the Beatles, rose more than 6 percent Tuesday after a report that the company is in talks with private equity firms about a possible takeover.
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The Japanese electronics giant struck an agreement to buy the fabled movie studio yesterday after rival Time Warner dropped out of the race.
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Shares of EMI Group Plc, the world&#39;s third-largest record company, had their biggest jump in 1 1/2 years after the company said music sales rose in the past two months with releases
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Mitsubishi Corp. and Itochu Corp. will buy stakes in truck maker Isuzu Motors Ltd., the two trading companies said Thursday. Mitsubishi Corp.
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Toshiba Corp (6502.T) said on Wednesday  it would sell a landmark building in Tokyo&#39;s Ginza district for  161 billion yen ($1.4 billion) to Tokyu Land Corp (8815.T).
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TOKYO - Sony Corp. is selling its advanced computer chip operations to Toshiba Corp. , a Sony official said today, speaking on condition of anonymity.
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Cable and Wireless, the British telecoms group, said it had agreed to sell its Japanese unit to Internet service provider Softbank Corp for about 133 million dollars (104 million euros) including debt.
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Toshiba Corp. 6502.T said on Friday it   would buy certain chip-related patents from Micron Technology   Inc. MU.N and secure licences for all the patents held by   Micron unit Lexar Media Inc. for $288 million, ending lawsuits   between the Japanese electronics maker and Lexar.
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Japan Tobacco Inc. confirmed on Friday it  was in talks to buy smaller rival Gallaher Group Plc, in a 7.5  billion pound ($14.7 billion) deal that would extend its  overseas expansion.
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British music company EMI is to axe up  to 2,000 jobs in a restructuring plan by its new private-equity  owners to save up to 200 million pounds ($392 million) a year  and recast itself for the digital age.