Business deals Ultradent is Japan company’s largest acquisition yet as it expands into healthcare Mitsui Chemicals plans to broaden its footprint in the substantial U.S. market through the acquisition. (Photo by Nozomi Okubo) TOKYO — Mitsui Chemicals will purchase major U.S.-based dental materials manufacturer Ultradent Products for roughly $900 million under plans announced Friday, marking…
Companies Japanese manufacturer seeks to double output in the South Asian country by 2030 Escorts Kubota produces inexpensive base-model tractors in India. (Photo by Hisashi Iwato) TOKYO — Kubota will build a new factory in northern India for tractors and construction machinery, its fifth production site in the country, with plans to expand exports to…
Business deals Student housing demand likely to rise as international students pour in J.S.B. is Japan’s student housing industry leader, managing some 100,000 rental units nationwide. (J.S.B.) TOKYO — U.S. investment firm Warburg Pincus will launch a tender offer to acquire Japanese student housing provider J.S.B. under plans announced Friday, for an amount estimated at…
TOKYO — Nikkei will add 12 stocks, including Dai-ichi Life Holdings, to the Nikkei Progressive and High Dividend Stock Index as part of its periodic review, while removing 12 stocks, such as Sumitomo Mitsui Trust Group. The company will also review the Nikkei Consecutive Dividend Growth Stock Index, adding three stocks, including Sekisui House, and…
