The Nikkei Shimbun reported today Sanyo has called off plans to sell Sanyo Semiconductor Co. to Advantage Partners, Japan’s largest buyout firm. The transaction had been priced at Y110 billion or approximately $940M. Shares of Sanyo (JP: 6764) [ADR: SANYY.PK] were down 7.1% to Y182 at the end of the morning session Wednesday. Goldman Sachs [...]
Archive | October 17, 2007
Nikkei -1.3%, TOPIX -1.9% on Renewed Subprime Concerns after Citi CFO Commentary, U.S. Equities Weakness
Japan market summary for Tuesday (Oct. 16) Nikkei 225 Stock Average: -220.23 (-1.3%) to 17,137.92 Nikkei 225 futures Osaka: -270 (-1.6%) to 17,130, Singapore (SGX) -275 (-1.6%) to 17,125, Chicago (CME) *10/15 -190 (-1.1%) to 17,320 TOPIX: -32.19 (-1.9%) to 1,625.25; Advancers 146 x decliners 1,520 (unch. 58), New highs 22 x new lows 47; [...]
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