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Share collapse after ADVEO acquisition talk

Share collapse after ADVEO acquisition talk

The company’s bonds fell by more than 57 percent in the Continuous Market, after an international industrial investor made a non-binding offer to purchase the group’s debts. The as-yet-anonymous investor is seeking to acquire the debt for capitalisation, reports...
Sharp abandons plan to issue new shares

Sharp abandons plan to issue new shares

The Japanese company has opted to forego plans to issue up to $2 billion (€1.7 billion) worth of new shares, following a negative response from investors. As Reuters reports, following its initial announcement a few weeks ago, the OEM’s investors promptly dropped its...
Hanp issuing 9th series bonds

Hanp issuing 9th series bonds

The South Korean OPC drum manufacturer, formerly Baiksan OPC, is aiming to raise 20 billion won ($18.7 million/€15.9 million) for its operations. According to Reuters, Hanp Inc will issue the 9th series unregistered and unsecured public bonds with warrants. The...
Latest financial developments at Ricoh

Latest financial developments at Ricoh

The OEM has made three new announcements over the last few days, revising its consolidated full fiscal year results, and offering an update on the repurchase of its Coca-Cola Bottlers Japan Holdings shares. The first announcement related to the company’s revision of...
Ricoh shares transferred to Nisshinbo

Ricoh shares transferred to Nisshinbo

The OEM has announced the conclusion of the transferral of 80 percent of the outstanding shares of its subsidiary to Nisshinbo Holdings Inc. The shares were transferred from Ricoh’s consolidated subsidiary, Ricoh Electronic Devices Co., Ltd. Ricoh stated that it would...