By Anton Bridge and Makiko YamazakiTOKYO (Reuters) -U.S.-based private equity firm KKR and a unit of Japanese state-backed fund Japan Investment Corp (JIC) will acquire medical gear maker Topcon in a tender offer buyout worth 348 billion yen ($2.3 billion), KKR said on Friday.Private equity deals in Japan have been booming as corporate governance reforms and increasingly vocal activist shareholder ...
By Lewis Jackson and Jenny SuBEIJING (Reuters) -Chinese state media attacked Hong Kong conglomerate CK Hutchison’s plan to sell its ports near the Panama Canal to a BlackRock-led group in a social media post on Saturday that was taken down minutes later.The social media account linked to state broadcaster CCTV said China had significant national interests in the transaction and the sale was "tan ...
(Reuters) - U.S. President Donald Trump has commuted Ozy Media founder Carlos Watson’s nearly 10-year prison sentence for defrauding investors in his now-defunct startup, the White House said on Friday.Watson, a former cable news anchor and investment banker, was found guilty last year of lying to investors about the news and entertainment company’s finances and sham deals with Google (NASDAQ: ...
By Elvira Pollina and Giuseppe FonteMILAN (Reuters) -Poste Italiane has agreed to buy the bulk of Vivendi (OTC:VIVHY)’s stake in Telecom Italia (BIT:TLIT) to replace the French group as the main investor in the phone group with a 24.8% holding, Poste said on Saturday.Confirming what sources had earlier told Reuters, Poste said it was buying a 15% stake in TIM from Vivendi, which had recently r ...