News: Itochu Corp (8001.T)

8001.T on Tokyo Stock Exchange

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28 Jul 2014
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Thu, Jul 24 2014

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Itochu in $1 billion tie-up with Thailand's CP group

TOKYO/BANGKOK - Japan's Itochu Corp entered into a $1 billion tie-up with Thai billionaire Dhanin Chearavanont's Charoen Pokphand Group (CP) to target rising demand for meat and livestock products in China and other parts of Asia.

UPDATE 2-Itochu in $1 billion tie-up with Thailand's CP group

* Tie-up includes sale of 4.9 percent stake in Itochu to CP group

RPT-Thailand's CPF sells 25 pct of C.P. Pokphand to Japan's Itochu for $860 mln

BANGKOK, July 24 - Charoen Pokphand Foods PCL (CPF), Thailand's largest meat and animal feed producer, on Thursday said it planned to sell 25 percent of C.P. Pokphand Co Ltd to Japan's Itochu Corp for 27.4 billion baht ($860 million).

Thailand's CPF sells 25 pct of C.P. Pokphand to Japan's Itochu for $860 mln

BANGKOK, July 24 - Charoen Pokphand Foods PCL (CPF), Thailand's largest meat and animal feed producer, on Thursday said it planned to sell 25 percent of C.P. Pokphand Co Ltd to Japan's Itochu Corp for 27.4 billion baht ($860 million).

Japan's Itochu, Sumitomo put Australia coal stake up for sale

MELBOURNE, July 23 - Japan's Itochu Corp and Sumitomo Corp want to sell their stakes in two Australian coal mines and a coal terminal they co-own with Glencore PLC, two people familiar with the matter said on Wednesday.

Update-Moody's affirms Itochu's Baa1/P-2 ratings; outlook stable

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BRIEF-Itochu to up stake in FamilyMart to 37 pct from 31.7 pct

* Japan's Itochu Corp says aims to raise stake in FamilyMart Co Ltd to 37 percent from 31.7 percent via tender offer Source text for Eikon in Japanese: Further company coverage: (Tokyo Newsroom)

CORRECTED-UPDATE 2-Ivanhoe says needs funds to advance Congo projects this year

(Corrects spelling of analyst's name in paragraphs 6 and 9 to Terentiew from Terenview. Incorporates earlier corrections.)

UPDATE 2-Ivanhoe warns of funding crunch at two mines in Congo

* To spend almost all working capital on South Africa mine

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