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japan: news and opinion

Suning set to be Laox's top shareholder

NANJING, China (Kyodo) Suning Appliance Co., China's second-largest consumer electronics retailer, says it will bring Laox Co. under its wing by becoming its top shareholder with a 27.36 percent stake. Laox will be the first major Japanese consumer... ...full story at Japan Times

from Japan Times on Thu, Jun 25 2009

see also:

12 Feb 09		Panasonic Pandemic Flu Announcement Feb.10,2009  »  YouTube videoFeb. 10 (Bloomberg) -- Panasonic Corp., the worlds largest maker of consumer electronics, ordered Japanese employees in several emerging markets to send their families back to Japan on concern of a potential influenza pandemic. The company in December...
28 Jun 09		Business › China's Suning to become Laox's top shareholder  »  Japan Today Suning Appliance Co, China's second-largest consumer electronics retailer, says it will bring Laox Co under its wing by becoming its top shareholder with a 27.36%…
18 Jun 09		China firm set to take top stake in Laox  »  Japan Times Struggling electronics retailer Laox Co. is in talks to sell a stake in itself to Chinese retailer Suning Appliance Co. and become a group company, sources said Thursday. If the two companies strike a deal, Nanjing-based Suning will acquire new shares...
18 Jun 09		Business › Laox in talks to join Chinese home appliance group  »  Japan Today Struggling Japanese consumer electronics retailer Laox Co is negotiating with Suning Appliance Co to sell new shares to the Chinese retailer and become Nanjing-based Suning's…
03 Aug 09		Luo takes over at ailing Laox  »  Japan Times Luo Yiwen, the new president of home electronics discount chain Laox Co., said Monday he aims to turn the struggling firm around by putting weight on sales of duty-free products for Chinese customers. The new management is part of Laox's business tieup...
04 Feb 08		Aeon now Daiei's top shareholder  »  Japan Times Daiei Inc. said Monday that Aeon Co. is now its largest single shareholder with a 19.41 percent stake on a voting rights basis, overtaking trading house Marubeni Corp., which has 18.55 percent. Read the full story . . .

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