Articles tagged “seibu”

Japan’s Largest Hotel Chain Rises on First Day of IPO

Japan’s Largest Hotel Chain Rises on First Day of IPO

Chris Cooper and Kiyotaka Matsuda, Bloomberg

As with Sabre last week, the IPO prices started low and underwhelming, and improved as the day progressed.

5 years ago

The ongoing saga of a Japanese rail and hotel giant and its big U.S. shareholder

The ongoing saga of a Japanese rail and hotel giant and its big U.S. shareholder

Chris Cooper and Kiyotaka Matsuda, Bloomberg

U.S. companies rarely have succes getting board seats at Japanese companies, and Cerberus' combination of bravado and poor choices (hello, Mr. Laughingston Vice President) are only adding to its woes.

6 years ago

Private equity giant Cerberus patiently waits for payoff from Japanese rail giant

Private equity giant Cerberus patiently waits for payoff from Japanese rail giant

Chris Cooper and Kiyotaka Matsuda, Bloomberg

The combination of public and private funds that drive Japan's rail industry are a model for other nations and a reminder of the immense value just waiting there for properly managed transportation networks.

7 years ago