Businessweek

IBM%20Japan%2C%20Ltd.%20agreed%20to%20acquire%20remaining%2051%25%20stake%20in%20SI%20Solutions%20Co.%2C%20Ltd.%20from%20Sharp%20Corporation%20%28TSE%3A6753%29%20on%20March%2025%2C%202013.%20SI%20Solutions%20reported%20revenue%20of%20JPY%206%20billion%20for%20the%20year%20ended%20March%2031%2C%202012.%20SI%20Solutions%27%20total%20workforce%20will%20be%20retained.

IBM%20Japan%2C%20Ltd.%20agreed%20to%20acquire%20remaining%2051%25%20stake%20in%20SI%20Solutions%20Co.%2C%20Ltd.%20from%20Sharp%20Corporation%20%28TSE%3A6753%29%20on%20March%2025%2C%202013.%20SI%20Solutions%20reported%20revenue%20of%20JPY%206%20billion%20for%20the%20year%20ended%20March%2031%2C%202012.%20SI%20Solutions%27%20total%20workforce%20will%20be%20retained.

Sharp%20Corporation%20%28TSE%3A6753%29%20announced%20a%20private%20placement%20of%2035%2C804%2C000%20common%20shares%20at%20%A5290%20per%20share%20for%20gross%20proceeds%20of%20%A510%2C383%2C160%2C000%20on%20March%206%2C%202013.%20The%20company%20will%20issue%20shares%20through%20third-party%20allocation.%20New%20investor%2C%20Samsung%20Electronics%20Japan%20Co.%2C%20Ltd.%20will%20invest%20in%20the%20transaction%20for%203.08%25%20equity%20stake%20in%20the%20company.%20The%20net%20proceeds%20from%20the%20transaction%20will%20be%20%A510%2C134%2C160%2C000%2C%20after%20deducting%20various%20issuance%20expenses%20of%20%A5249%2C000%2C000%2C%20including%20registration%20expenses%20for%20%A537%2C000%2C000%2C%20lawyer%20and%20financial%20adviser%20expenses%20for%20%A5176%2C000%2C000%2C%20exchange%20listing-related%20expenses%20of%20about%20%A516%2C000%2C000%2C%20and%20other%20expenses%20of%20%A520%2C000%2C000.%20Paul%20Hastings%20LLP%20will%20act%20as%20legal%20advisor%20to%20Samsung%20Electronics%20Japan%20Co.%2C%20Ltd.%20with%20a%20team%20led%20by%20Daniel%20Sae-Chin%20Kim%2C%20and%20including%2C%20Hajime%20Kanagawa%2C%20Woojae%20Kim%2C%20and%20Kota%20Kikuchi.%20The%20transaction%20is%20expected%20to%20close%20by%20March%2028%2C%202013.%20The%20transaction%20is%20subject%20to%20regulatory%20approvals.%20On%20the%20same%20date%2C%20board%20of%20directors%20of%20the%20company%20approved%20the%20transaction.

K%F6hler%20%26%20von%20Bargen%20Immobilien%20and%20Verm%F6gensverwaltungsgesellschaft%20mbH%20acquired%2033000%20square%20meter%20site%20in%20Hamburg%20from%20Sharp%20Corporation%20%28TSE%3A6753%29%20on%20December%2011%2C%202012.%20Cushman%20%26%20Wakefield%20acted%20as%20real%20estate%20advisor%20and%20Dirk%20Debald%2C%20Eckrolf%20Berg%20and%20Jonna%20Kappler%20of%20Hogan%20Lovells%20International%20acted%20as%20legal%20advisor%20for%20Sharp%20Corporation.

K%F6hler%20%26%20von%20Bargen%20Immobilien%20and%20Verm%F6gensverwaltungsgesellschaft%20mbH%20acquired%2033000%20square%20meter%20site%20in%20Hamburg%20from%20Sharp%20Corporation%20%28TSE%3A6753%29%20on%20December%2011%2C%202012.%20Cushman%20%26%20Wakefield%20acted%20as%20real%20estate%20advisor%20and%20Dirk%20Debald%2C%20Eckrolf%20Berg%20and%20Jonna%20Kappler%20of%20Hogan%20Lovells%20International%20acted%20as%20legal%20advisor%20for%20Sharp%20Corporation.

K%F6hler%20%26%20von%20Bargen%20Immobilien%20and%20Verm%F6gensverwaltungsgesellschaft%20mbH%20acquired%2033000%20square%20meter%20site%20in%20Hamburg%20from%20Sharp%20Corporation%20%28TSE%3A6753%29%20on%20December%2011%2C%202012.%20Cushman%20%26%20Wakefield%20acted%20as%20real%20estate%20advisor%20and%20Dirk%20Debald%2C%20Eckrolf%20Berg%20and%20Jonna%20Kappler%20of%20Hogan%20Lovells%20International%20acted%20as%20legal%20advisor%20for%20Sharp%20Corporation.

Sharp%20Corporation%20%28TSE%3A6753%29%20announced%20a%20private%20placement%20of%2060%2C365%2C854%20common%20shares%20at%20%A5164%20per%20share%20for%20gross%20proceeds%20of%20%A59%2C900%2C000%2C056%20from%20QUALCOMM%20Ventures%20on%20December%204%2C%202012.%20Investor%20will%20acquire%205%25%20stake%20in%20the%20company.%20Investment%20will%20be%20done%20in%20tranches%20and%20shares%20will%20be%20issued%20as%20third%20party%20allotment.%20Investor%20will%20invest%20about%20%A55%2C000%2C000%2C000%20by%20the%20end%20of%20the%20year%2C%20with%20the%20other%20half%20invested%20as%20the%20joint%20venture%20progresses.%20Mitsuhiro%20Kamiya%2C%20Michael%20J.%20Mies%2C%20and%20Kenton%20J.%20King%20of%20Skadden%2C%20Arps%2C%20Slate%2C%20Meagher%20%26%20Flom%2C%20L.L.P.%20acted%20as%20the%20legal%20advisors%20for%20the%20company.%20Christopher%20Wells%20of%20White%20%26%20Case%2C%20L.L.P.%20acted%20as%20the%20legal%20counsel%20for%20QUALCOMM%20Ventures.%20Mitsubishi%20UFJ%20Morgan%20Stanley%20Securities%20Co.%2C%20Ltd.%20served%20as%20the%20placement%20agent%20to%20the%20company.%0D%0A%0D%0AOn%20December%2010%2C%202012%2C%20the%20company%20announced%20that%20the%20transaction%20will%20close%20by%20December%2027%2C%202012.%0D%0A%0D%0AOn%20December%2027%2C%202012%2C%20the%20company%20closed%20the%20first%20tranche%20of%20the%20transaction.%20The%20company%20issued%2030%2C120%2C000%20shares%20for%20gross%20proceeds%20of%20%A54%2C939%2C680%2C000.%20The%20company%20expects%20to%20receive%20the%20remaining%20amount%20by%20the%20end%20of%20March%202013%2C%20under%20certain%20conditions%2C%20including%20that%20it%20return%20to%20the%20black%20on%20an%20operating%20basis%20in%20the%20second%20half%20of%20the%202012%20business%20year.%0D%0A%0D%0AOn%20March%2018%2C%202013%2C%20the%20company%20announced%20that%20it%20will%20not%20be%20able%20to%20receive%20second%20tranche%20funding%20which%20is%20expected%20on%20March%2029%2C%202013.%20It%20has%20also%20extended%20the%20date%20till%20which%20second%20tranche%20can%20be%20expected%20to%20June%2030%2C%202013.%0D%0A%0D%0AOn%20March%2022%2C%202013%2C%20the%20company%20announced%20that%20the%20payment%20for%20second%20tranche%20is%20now%20scheduled%20for%20June%2028.