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- NEC and Sumitomo Electric to Acquire Leading Submarine Cable Manufacturer
- Tokyo, July 1, 2008 - JCN Newswire - NEC Corporation and Sumitomo Electric Industries, Ltd. today announced the acquisition of OCC Holdings and its subsidiary OCC Corporation, which manufactures fiber optic submarine cables of exceptional quality and reliability. NEC and Sumitomo Electric will acquire 100% ownership of OCC Holdings,...
- Research articles 2008-07-01
- ACCC to oppose proposed acquisition of Carter Holt Harvey's assets by Sumitomo.
- M2 PRESSWIRE-27 February 2008-Australian Competition and Consumer Commission: ACCC to oppose proposed acquisition of Carter Holt Harvey's assets by SumitomoC1994-2008 M2 COMMUNICATIONS LTD RDATE:27022008 The Australian Competition and Consumer Commission will oppose the proposed acquisition of certain assets of...
- Research articles 2008-02-27
- Noble buys Pullman Industries, stock price takes a jump.(News)(Company overview)
- Byline: Brent Snavely Noble International Ltd. CEO Thomas Saeli said he began pursuing an acquisition of Pullman Industries Inc. shortly after he took charge of Noble in March. "After researching various possibilities, we identified Pullman as the industry leader in technology...
- Research articles 2006-10-16
- ATMC invests in tungsten powder project.(Acquisition)(Advanced Technology & Material Co., Ltd)(Jiangxi Rare Earth Metal Tungsten Group)
- Advanced Technology & Material Co., Ltd. (ATMC, SZ: 000969) with its headquarters in Beijing announced on July 3rd that it has recently signed a framework agreement with Jiangxi Rare Earth Metal Tungsten Group and Sumitomo Corporation China Group. The three parties will jointly establish Jiangxi Xinyoutai...
- Research articles 2006-08-06
- Titan wholly acquires PT Peni at US$ 78 MLN.(Malaysian Titan Chemical Corp.)(Brief article)
- Malaysian Titan Chemical Corp. Bhd has acquired the whole of PT Petrokimia Nusantara Interindo Peni at a price of US$78 million . Titan Managing Director Donald M Condon Jr said the price includes for the acquisition of a US$58 million debt of Peni to be renamed PT...
- Research articles 2006-04-01
- Japan: Wal-Mart acquiring Seiyu
- Wal-Mart Stores, Inc., the world's largest retailer, will acquire a strategic stake in The Seiyu Ltd., the fourth largest Japanese retail chain with over 1 trillion yen (US$8 billion) in sales. As part of this acquisition, Sumitomo Corp., Seiyu's largest shareholder, will increase its shares in Seiyu.Wal-Mart will pay approximately...
- Research articles 2002-03-29
- Tyre makers' capital investments dip.
- The rate of capital investments among tire manufacturers has taken a back seat to the recent flurry of acquisitions and mergers, but spending by most of the major tire makers remains high. A look at tire manufacturer investments worldwide is provided. Amid the increase in mergers and acquisitions activity,...
- Research articles 1999-11-01
- Acquisition
- Sumitomo Corp. of America SCOA; Sumitomo Corp., Japan; and GE Capital jointly announce the sale of Phoenixcor, Inc., Sumitomo's wholly-owned equipment financing subsidiary. Phoenixcor will become part of GE Capital's Commercial Equipment Financing unit. Terms were not disclosed. SCOA is a large trader and distributor of goods and services. GE...
- Research articles 1999-06-01
- Cracking Japan
- For sheer complexity, few deals can rival the alliance announced in February between tiremakers Goodyear Tire & Rubber and Sumitomo Rubber Industries. Stuffed full of joint ventures, equity swaps, and cash payments, it's enough to make most Western managers' heads spin. But complexity is often seen as a virtue in...
- Research articles 1999-04-01
- Under Stress European Stars Pressure U.S. Players.(chemical industry)
- The short-term forecast for specialty chemicals is decidedly cloudy, but the outlook for the rest of 1998 is harder to predict. On one hand, a slew of U.S. companies have issued first-quarter earnings warnings, citing price pressures and effects from the Asian economic crisis. On the...
- Research articles 1998-04-29
- Sumitomo Corporation of America Participates in Acquisition of North Star Steel's Tubular Division
- Business Editors
- Research articles 2002-05-28
- Sumitomo Corporation of America Completes Acquisition of TBC Corporation
- NEW YORK -- Sumitomo Corporation of America SCOA announced today that it has closed its acquisition of TBC Corporation ("TBC"). SCOA purchased TBC for approximately $1.1 billion, including debt.
- Research articles 2005-11-17
- TOPFOND PHARMACEUTICAL EXPANDS VIA ACQUISITIONS
- AsiaInfo Services 01-21-2005 Topfond Pharmaceutical Expands via Acquisitions ZHUMADIAN, Jan 21, 2005 SinoCast via COMTEX -- Henan Topfond Pharmaceutical Co.,Ltd(600253) is expanding its business via acquisitions. Sumitomo Corporation, one AsiaInfo Services 01-21-2005 ...
- Research articles 2005-01-21
- ACQUISITIONS AND MERGERS - Phillips and Sumitomo join forces
- Phillips Petroleum Co has joined forces with Sumitomo Chemical Co to create a major new player in the North American polypropylene PP business. The two firms have announced a partnership that will have 340 000 tonnes of PP capacity: making it North APhillips Petroleum Co has joined...
- Research articles 1994-10-01
Additional Resources
- Sumitomo Metals and Sumitomo Corporation Complete Acquisition of Norton Manufacturing Company, a Crankshaft Machining Company in the U.S
- NEW YORK, Nov. 10 /PRNewswire/ -- Sumitomo Metal Industries, Ltd. Sumitomo Metals and Sumitomo Corporation (Sumitomo Corp.) have completed the acquisition of Norton Manufacturing Company Inc. (Head office: Ohio, U.S.) in accordance with the agreement made in August 2007, and have started operation of a newly-established SMI Crankshaft LLC....
- Articles 2008-11-10
- Sherritt Bids for Dynatec
- On April 20, 2007, Sherritt International and Dynatec Corp. announced an agreed, all-share offer by Sherritt for Dynatec that valued Dynatec at about C$1.6 billion. Both companies are Canadian. Sherritt's primary objective in making the offer is acquisition of what will be Dynatec's 40% interest in the Ambatovy laterite nickel...
- Articles 2007-06-01
- Briefly Noted
- Sumitomo Bakelite Group has acquired Neopreg AG, a Swiss producer of thermoset composites marketed under the trade names Kinel and Neonite. The acquisition gives Sumitomo new capabilities in long-fiber composites. Neopreg will be integrated into Sumitomo's European unit, Vyncolrt N.V. * Borg-Warner of Auburn Hills, Mich., is providing its secondary...
- Articles 2007-04-01
- Sumitomo ups Asmik Ace stake.(acquisition of stakes in Asmik Ace Entertainment )(Brief article)
- Sumitomo Corp. has upped its stake in Tokyo-based film producer-distributor Asmik Ace Entertainment to 75.3% and intends to create synergies with its own cable TV movie channels and cinema biz. It bought the 27.6% stake from the Kadokawa Shoten Publishing media group,...
- Articles 2006-04-06
- Titan wholly acquires PT Peni at US$ 78 MLN.(Malaysian Titan Chemical Corp.)(Brief article)
- Malaysian Titan Chemical Corp. Bhd has acquired the whole of PT Petrokimia Nusantara Interindo Peni at a price of US$78 million . Titan Managing Director Donald M Condon Jr said the price includes for the acquisition of a US$58 million debt of Peni to be renamed PT...
- Articles 2006-04-01
- Three Japan steel companies complete cross-purchases.(GLOBAL ECONOMY)
- Nippon Steel Corp., Sumitomo Metal Industries Ltd., and Kobe Steel Ltd. have completed cross-purchases of shares they had agreed on earlier in 2005. The completion of the acquisition, aimed at enhancing their defense against possible hostile takeover bids, has increased Nippon Steel's stake in Sumitomo Metal...
- Articles 2006-02-01
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