Japan's Sumitomo tables UFJ bid
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The battle to form the world's biggest bank intensifies after Sumitomo Mitsui Financial Group tables an offer to buy Japanese rival UFJ Holdings.
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UFJ Holdings Inc., Japan&#39;s fourth- biggest lender, said the nation&#39;s Supreme Court upheld its right to merge with Mitsubishi Tokyo Financial Group Inc.
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UFJ Holdings Inc., Japan&#39;s fourth- biggest lender, said it hasn&#39;t finalized its earnings outlook. UFJ plans to eliminate more than 700 billion yen ($6.
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The battle for Japanese beer maker  Sapporo Holdings (2501.T), which faces a takeover bid by U.S.  hedge fund Steel Partners, fizzed on Friday with newspapers  reporting that bigger rivals Asahi Breweries Ltd. (2502.T) or  Kirin Brewery (2503.T) may integrate Sapporo.
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TOKYO - The Supreme Court on Monday upheld a high court ruling giving the go-ahead for UFJ Holdings Inc to include its trust business in holding merger talks with Mitsubishi Tokyo Financial Group Inc.
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Japan&#39;s Supreme Court ruled on Monday that troubled bank UFJ Holdings Inc. can pull out of a deal to sell its trust business to a smaller rival, clearing the way for a full
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Japan&#39;s Supreme Court on Monday said merger talks could proceed between troubled UFJ Holdings Inc. and Mitsubishi Tokyo Group Inc.
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Sumitomo Mitsui Financial Group Inc.  8316.T laid out a $29 billion bid for UFJ Holdings 8307.T  on Tuesday, challenging a rival offer by Mitsubishi Tokyo  Financial Group 8306.T to form the world's biggest bank.
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Japan&#39;s Supreme Court has ruled that UFJ bank can pull out of a deal to sell its trust business to rival Sumitomo. The ruling removes a key obstacle to a planned merger between UFJ and Mitsubishi Financial, which would create the world&#39;s biggest bank.
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Shinsei Bank said Friday that it has a deal to acquire control of a consumer credit company from UFJ Holdings, a Japanese banking group which has been targeted for a takeover by two larger rivals.
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Japan's Supreme Court on Monday approved merger talks between troubled UFJ Holdings Inc. and Mitsubishi Tokyo Group Inc. that would create the world's largest bank, news reports said.
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Tokyo's Nikkei average rose 0.7 percent  to a seven-month closing high on Thursday as brokerages rallied  on news of a possible merger between Daiwa Securities and  Sumitomo Mitsui Financial Group
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Japan's second-biggest non-life insurer Mitsui Sumitomo is in talks to buy Aviva's Asian units.
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The European Union offers Japan a package of incentives to persuade it to give up its bid to host the world's biggest nuclear fusion reactor.
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TOKYO: Japan&#39;s financial watchdog may file a criminal complaint this month against UFJ Bank, the main banking unit of ailing UFJ Holdings Inc, for trying to evade a bank inspection, media reports said.
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Sifting through the best that Japan has to offer.
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Sumitomo Corp. and Credit Lyonnais Rouse Ltd. settled the Japanese company&#39;s $1.1 billion claim the metals brokerage dishonestly aided Yasuo Hamanaka, who tried to corner the copper market in the 1990s.