PRE-MARKET JAPANESE AND SOUTH KOREAN STOCK NEWS: Fujitsu (6702 JT) announced Paloma Rheem Holdings is to launch a tender offer and will spend JPY 164.6bln for unit Fujitsu General (6755 JT)

JAPAN

Alps Alpine (6770 TT) - Delta Electronics (2308 TT) units acquire operating assets from Alps Alpine for USD 68.5mln. (Newswires)

DIC Corp (4631 JT) - Taiyo is said to weigh a combination with DIC Corp, according to Bloomberg. (Newswires)

Fujitsu (6702 JT) - Co. announced Paloma Rheem Holdings is to launch a tender offer and will spend JPY 164.6bln for unit Fujitsu General (6755 JT). (Newswires)

Nippon Steel (5401 JT) - Co. and US Steel (X) filed a lawsuit after US President Biden blocked the takeover deal. (Newswires)

Taiheiyo Cement (5233 JT) - Co. US subsidiary acquired aggregate and ready-mixed concrete business assets of Grimes Rock and affiliates. (Newswires)

Toyota (7203 JT) - Co. unit Woven by Toyota and Interstellar reached an agreement on capital and business alliance. (Newswires)

SOUTH KOREA

Hanwha Engine (08270 KS) - Co. wins KRW 83.6bln order. (Newswires)

Korea Zinc (010130 KS) - South Korea’s National Pension Service cut its stake in Korea Zinc to 4.5% from 7.5%. (Newswires)

LG Electronics (066570 KS) - Co. announced a strategic partnership with Microsoft aiming to lead artificial intelligence (AI) innovations by combining its customer insights from various devices and spaces with the US tech giant's advanced AI technologies. (Yonhap)

Geopolitical North Korea confirmed Monday's launch of a new hypersonic missile. (Yonhap)

North Korea plans to launch an ICBM before the Trump inauguration. (Chosun Ilbo)

06 Jan 2025 - 23:41- ForexResearch Sheet- Source: Newswires