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Itochu Corp

BUSINESS
August 26, 2003 | From Bloomberg News
News Corp. reportedly will sell its entire 8.1% stake in Tokyo-based Sky Perfect Communications Inc. to Sony Corp., Fuji Television Network Inc. and Itochu Corp. The terms of the sales are being worked out, the Nihon Keizai newspaper reported, without saying where it obtained the information. Sky Perfect, Japan's biggest satellite service, broadcasts Fox News and Bloomberg News among other channels. The newspaper didn't explain why News Corp.
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BUSINESS
April 5, 1994
Iwerks Entertainment Inc. has signed an agreement with Japan's Itochu Corp. to provide hardware for a second Cinetropolis movie complex in a shopping mall now under construction in Chiryu, Japan. Burbank-based Iwerks aims to build a global network of these entertainment centers featuring films and virtual reality attractions. The exact value of the agreement was not released. Iwerks said only that its worth was in the millions of dollars.
BUSINESS
November 23, 2011
Private equity firm KKR & Co. LP and three partners say they have agreed to buy the privately held oil and gas company Samson Investment Co. for $7.2 billion In the deal announced Wednesday, KKR and its partners will get access to oil and gas assets in booming shale regions in the U.S., including shale formations that contain large amounts of oil and other liquid hydrocarbons. Samson's wells in the deep water Gulf of Mexico and along the Gulf Coast are not included in the deal.
BUSINESS
August 17, 1995
Steven F. Hallsey has been appointed president of property management for Western National Group, an Orange-based property management and development company. He is responsible for the day-to-day management of more than 26,000 apartment properties in Southern California and for overseeing the operations of RGS, a maintenance services company. Hallsey was previously president of Harbor Group Real Estate Co. in Norfolk, Va.
BUSINESS
October 25, 1996 | From Times Wire Services
Atlantic Richfield Co. said Thursday that its venture with Japan's Itochu Corp. will buy Western coal operations from Coastal Corp. for $615 million. Houston-based Coastal said the sale of the operations--now held by Coastal States Energy Co.--will let it pay down debt and focus on petroleum exploration and production and natural gas transmission. "The proceeds will provide enhanced financial flexibility to take advantage of higher-growth opportunities," said David A.
BUSINESS
December 27, 1996
Mazda Motor Corp. said Thursday it has boosted its stake in Mazda Motor of America Inc. to 88% from 50% in a bid to strengthen the financial structure of the car maker's U.S. marketing subsidiary. The Japanese car maker, 33% owned by Ford Motor Co., said it is investing $126 million in the subsidiary by acquiring 5.63 million new shares.
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