Sumitomo Corp.

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• NEC and Sumitomo Electric to Acquire Leading Submarine Cable Manufacturer

  - 2008-07-01

  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,...

  Tags: acquisition, Cable, FINANCE, Investment, NEC Corp., NETWORKING, Sumitomo Corp., TELECOMMUNICATIONS

• Sumitomo Heavy Industries Issues Statement Regarding Its Proposal to Acquire Axcelis

  - 2008-04-16

  Latest Axcelis Disclosures Underscore Need for Prompt Sale of Company TOKYO -- Sumitomo Heavy Industries, Ltd. (TSE: 6302) ("SHI") today issued the following statement with regard to its continued efforts to engage Axcelis Technologies, Inc. (Nasdaq: ACLS) ("Axcelis") in discussions regarding a proposal made by SHI and TPG, a...

  Tags: Axcelis Technologies Inc., FINANCE, Investment, Sumitomo Corp., Texas Pacific Group

• Sumitomo Heavy Industries Increases its Proposal to Acquire Axcelis Technologies to $6.00 Per Share

  - 2008-03-10

  All-Cash Proposal Provides Premium of 48.5% to the February 8, 2008 stock price and Values Axcelis at $630 million TOKYO -- Sumitomo Heavy Industries, Ltd. (TSE: 6302) ("SHI"), together with TPG, a minority partner and financing source for the transaction, today announced that it has revised its proposal to...

  Tags: Axcelis Technologies Inc., FINANCE, Investment, Sumitomo Corp., Texas Pacific Group

• ACCC to oppose proposed acquisition of Carter Holt Harvey's assets by Sumitomo.

  - 2008-02-27

  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...

  Tags: acquisition, asset, Australian Competition and Consumer Commission, FINANCE, Investment, Sumitomo Corp.

• SMFJY, STBUY, TOUS Have Also Been Removed From Naked Short List Today.

  - 2008-02-27

  M2 PRESSWIRE-27 February 2008-BUYINS.NET: SMFJY, STBUY, TOUS Have Also Been Removed From Naked Short List TodayC1994-2008 M2 COMMUNICATIONS LTD RDATE:27022008 BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short...

  Tags: asset, bond, consulting, FINANCE, Investment, investor, leasing, Outsourcing, SALES, security, stock, Sumitomo Corp., TOUSA Inc.

• Petro Rabigh to have Initial Public Offering on Saudi Arabian Stock Exchange

  - 2007-11-06

  Tokyo, Japan, Nov 6, 2007 - ACN Newswire - Sumitomo Chemical (TSE: 4005) today announced that the Rabigh Refining and Petrochemical Company Petro Rabigh, its 50-50 joint venture with the Saudi Arabian Oil Company Saudi Aramco, will hold its initial public offering IPO on the Saudi Arabian stock exchange in...

  Tags: FINANCE, Investment, IPO, stock, Sumitomo Corp.

• Ambatovy nickel project receives $2.1 billion finance agreement

  - 2007-10-01

  NICKELSherritt International has executed financing agreements for the provision of US$2.1 billion of project debt to the Ambatovy nickel project on the island of Madagascar in the Indian Ocean. The deal is with a group of international lenders based in Japan, Korea, Europe, Canada and Africa. First disbursement of funds...

  Tags: agreement, FINANCE, financing, Investment, Sherritt, Sumitomo Corp.

• OLED Shares Up 90% on Merger News.

  - 2007-07-31

  M2 PRESSWIRE-31 July 2007-Emerging Stock Report: OLED Shares Up 90% on Merger NewsC1994-2007 M2 COMMUNICATIONS LTD RDATE:31072007 TOKYO and CAMBRIDGE, United Kingdom, Technology Sector- Sumitomo Chemical Company Sumitomo Chemical and Cambridge Display Technology (Nasdaq:OLED) CDT today jointly announced that they have...

  Tags: Center for Democracy and Technology, FINANCE, Investment, merger, Sumitomo Corp.

• Exporters push Asian indices higher.

  - 2007-06-15

  Jun. 15--MUMBAI, India -- Asian stocks rose Thursday tracking higher US equities. Export oriented shares posted smart gains. US reports pointed towards a healthy economy in the region's largest export market. Electronics majors Sony, Toshiba and Samsung Electronics led indices higher. Automobile leaders...

  Tags: Economic Times, FINANCE, Hyundai Motor Co., indice, Investment, SALES, Sumitomo Corp.

• Augusta Resource Corporation: Sumitomo to Acquire 8.7% of Augusta in $37.5 Million Financing.

  - 2007-06-14

  M2 PRESSWIRE-14 June 2007-Breaking News: Augusta Resource Corporation: Sumitomo to Acquire 8.7 of Augusta in $37.5 Million FinancingC1994-2007 M2 COMMUNICATIONS LTD RDATE:14062007 Exploration Investor strives to provide you with outstanding market results. We will be your number one resource for all...

  Tags: Company, FINANCE, financing, Investment, Sumitomo Corp.