Tag: mitsubishi
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Blackstone, Canadian pension funds to invest $3.1 billion in LNG Canada for Mitsubishi stake
TOKYO, Nov 2 : Blackstone and a group of Canadian pension funds will invest $3.1 billion to acquire a 49.9 per cent interest in Japanese trading house Mitsubishi Corp ‘s holding company that owns its stake in the LNG Canada project, the companies said on Monday. The holding company owns a 15 per cent stake
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Mitsubishi to sell down LNG Canada stake to Blackstone funds for $1.6 billion
TOKYO, Nov 2 : Japanese trading house Mitsubishi Corp said on Monday it will sell a 49.9 per cent interest in a holding company that owns its stake in the LNG Canada project to funds managed by Blackstone Credit & Insurance, a unit of Blackstone, for about $1.6 billion.The holding company owns a 15 per…
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Mitsubishi to triple stake in Ayala in $709.5 million Philippines push
Sept 21 : Mitsubishi Corp will more than triple its stake in Ayala Corp to 15 per cent in a 44.5 billion Philippine peso ($709.48 million) deal, the Philippine conglomerate said on Monday, deepening the Japanese firm’s footprint in the country.At 650 Philippine pesos per share, the deal values Ayala at about
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Mitsubishi to boost stake in Philippines’ Ayala in $709.5 million deal
Sept 21 : Mitsubishi will raise its economic stake in Philippine conglomerate Ayala Corp to 15 per cent in a 44.5 billion Philippine peso ($709.48 million) deal to deepen the Japanese trading house’s partnership in the Philippines, the latter said on Monday.($1 = 62.7220 Philippine pesos)
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Japan’s Mitsubishi Electric to start industrial build-up for GCAP fighter
TOKYO, Aug 6 : Mitsubishi Electric plans to build three facilities to produce electronic systems for the advanced fighter being developed by Japan, Britain and Italy, and expects the project to contribute to profits by the end of the decade, its chief financial officer said.The Japanese company is a key part
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Mitsubishi Heavy wins Japan’s support for next-generation nuclear reactor development
TOKYO, Aug 5 : Mitsubishi Heavy Industries has won Japanese government support for three projects to develop next-generation nuclear reactor technologies, including advanced light water reactors and small modular reactors (SMRs), it said on Wednesday.• The projects, selected under the industry ministry’s su
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