Hints and tips:
...In a statement on Thursday, Toshiba said it received a final acquisition proposal from JIP, which has teamed up with financial services group Orix, Chubu Electric, chipmaker Rohm and other Japanese companies...
...The board of Toshiba has approved a $15bn buyout offer from a consortium of domestic companies led by a Japanese private equity fund, according to people familiar with the talks....
...According to people familiar with the matter, the group includes financial services group Orix, Chubu Electric Power and chipmaker Rohm....
...Japanese companies....
...In a statement on Thursday, Toshiba said it received a final acquisition proposal from JIP, which has teamed up with financial services group Orix, chipmaker Rohm and other Japanese companies....
...On the silicon carbide front, some market leaders such as Wolfspeed, Rohm and On Semiconductor are expanding capacity, too....
...as well as a slew of companies with business ties to Toshiba to chip in....
...Related stories Toshiba, Rohm pursue power chip tech to cut energy loss in half Japan fights for lead in advanced chip and EV materials Japan’s chip industry squeezed as foreign governments boost investment...
...Japanese chipmakers Renesas and Rohm said they either found supplies from other markets, such as China, or had stockpiled inventories of neon....
...Key chip and component makers Texas Instruments, STMicroelectronics, AMS, Murata Manufacturing, ON Semiconductor, Renesas Electronics, Rohm and Nexperia operate local facilities that directly supply Apple...
...Chipmaking companies can work closely with Japanese electronics manufacturers, such as TDK, Murata Manufacturing and Rohm, to produce so-called hybrid integrated circuits that bundle electronic components...
...The latest retreats include Rohm, the Japanese chipmaker, and Japan Display, an important Apple supplier....
...The deal that drew Mr Cramer’s scorn was the $15bn acquisition of speciality chemicals group Rohm & Haas, agreed in 2008 just as the financial crisis was blowing up....
...As a result the region around Nagoya, home to the car company Toyota, has gained ground as a competing hub....
...The likes of Rohm Semiconductor and Tokyo Electron have outperformed the Nikkei in the past 12 months, helping to carry the rest of the country....
...Although not household names, Murata Manufacturing, Rohm and Kyocera supply Apple and boast world-leading market shares in their various industries....
...Before this week, the biggest deal Mr Liveris tried to strike was the $15bn acquisition of speciality chemicals group Rohm & Haas in 2009....
...Joseph Rohm, pan-Africa fund manager at Investec Asset Management agrees: “The big trend we have observed over the past decade is that growth has not come from the commodity side, but from consumers.”...
...Both Dow and DuPont have been big acquirers over the years — Dow spent $16bn on chemicals maker Rohm & Hass in 2009, and DuPont $6bn on nutrition company Danisco in 2011....
...Dow had struck a $16bn deal to buy rival Rohm & Hass at the top of the market and was forced to preserve cash to protect the company’s finances....
...Joseph Rohm, an African equity portfolio manager at Investec Asset Management, suggests possibly so....
...& Haas....
...In 2008 he overpaid for Rohm & Haas, then had to suspend the dividend and go cap in hand to Warren Buffett for finance....
...His gardening leave was cut short when his close friend at Dow Chemical, chief executive Andrew Liveris, asked him to advise on its $15bn acquisition of Rohm & Haas....
...“Private equity activity, both exits and entries, is driving M&A at the moment,” says Mr Rohm....
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