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Top related persons:
Lawson - 1 KDDI - 1
Top related locs:
Tokyo Japan Lawson
Top related orgs:
Lawson Inc - 1 Mitsubishi - 1 KDDI - 1

Search resuls for: "Lawson Inc"


2 mentions found


☆ Lawson shares surge 18% after Japan's KDDI launches $3.4 billion privatization offer
  + stars: | 2024-02-07 | by ( Lim Hui Jie | ) www.cnbc.com   time to read: 1 min
A customer exits a Lawson Inc. convenience store in Tokyo, Japan, on Tuesday, Oct. 6, 2020. Shares of Japan's third-largest convenience store chain Lawson surged 18% it received an offer to go private. The offer would see conglomerate Mitsubishi and mobile carrier KDDI jointly manage the convenience store chain, with each owning a 50% stake. This represents a 16% premium to Lawson's closing share price of 8,913 yen on Tuesday, valuing the offer at about 500 billion yen ($3.4 billion). KDDI currently owns a 2.11% stake in Lawson, while Mitsubishi owns 50.11%.
Persons: Lawson, KDDI Organizations: Lawson Inc, Mitsubishi, KDDI Locations: Tokyo, Japan, Lawson
☆ Suntory CEO expects next BOJ governor to show clear policy roadmap
  + stars: | 2023-01-24 | by ( ) www.reuters.com   time to read: +2 min
The BOJ stuck to its ultra-easy policy at a two-day policy meeting that ended on Jan. 16, defying investors who had bet on it ceasing to defend a cap on the 10-year government bond yield. The cap is part of a policy called yield curve control (YCC). But Niinami said expectations were growing that the BOJ would sooner or later end its expansionist experiment. "The ultra-easy policy can't be kept forever, given current (economic) conditions. Niinami also said economic growth led by the private sector would be needed to help prevent Japan's financial health worsening further.
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