Japanese memory chipmaker Kioxia's stock falls 14%+ after a Bain Capital-backed entity sold $2.1B worth of shares at a discount, stoking AI valuation concerns
Bloomberg :
General Atlantic purchases a $96M minority stake in Japanese HR software unicorn SmartHR, marking the PE firm's first growth equity investment in Japan
General Atlantic completed its first growth equity investment in Japan and plans to do more, citing an increase in entrepreneurship …
Sources: Masayoshi Son met Lip-Bu Tan to discuss SoftBank acquiring Intel's faltering foundry business in the weeks before announcing SoftBank's $2B investment
Japanese group's approach comes as US manufacturer struggles to attract customers and compete with rival TSMC
SoftBank agrees to invest $2B in Intel, buying ~2% of Intel's outstanding shares for $23 per share, becoming Intel's fifth-biggest shareholder; INTC jumps 5%+
Intel and SoftBank announced on Monday that the Japanese conglomerate will make a $2 billion investment in the embattled chipmaker.
EQT agrees to sell Japanese automotive electronics manufacturer Pioneer for $1.1B to CarUX, a unit of Taiwan-listed Innolux specializing in smart cockpit tech
EQT AB agreed to sell Pioneer Corp. for $1.1 billion, marking the biggest exit in Japan for the Swedish buyout firm that sees Japan …
Japan's NTT, which owns 57.7% of IT services provider and data center operator NTT Data, launches a $16.4B take-private tender offer to buy the remaining stake
Japanese telecoms firm Nippon Telegraph and Telephone (9432.T) announced plans on Thursday to take its subsidiary NTT Data …
Bain Capital says it will not launch a tender offer for Fuji Soft, after KKR raised its offer earlier in February for the Japanese IT company, valued at $4B+
Sources: Bain Capital, Advent International, and EQT AB are among the private equity firms competing to acquire Trend Micro, which has an ~$8.54B market value
Bain Capital, Advent International and EQT AB are among the private equity firms competing to acquire Japanese cybersecurity firm Trend Micro …
SoftBank, which sources say is in talks to invest $15B-$25B in OpenAI and $18B in Stargate, could borrow against its $140B+ Arm stake to fund the investments
Japanese conglomerate is in talks to spend up to $43 billion to boost the ChatGPT developer — In his newly built palace near Tokyo …
Sources: SoftBank is in talks to invest $15B to $25B in OpenAI on top of its $15B+ commitment to Stargate; the deal would make SoftBank OpenAI's biggest backer
Deal would make Japanese group biggest financial backer in ChatGPT maker — SoftBank is in talks to invest as much as $25bn into OpenAI …