Mitsubishi

Foxconn unit to buy 50 percent stake in Mitsubishi Electric Mobility for $730 million

Lin Yin International Investment Co Ltd, an investment management subsidiary of Foxconn, will acquire a 50 percent stake in Mitsubishi Electric Mobility Corp for JPY 115 billion ($727 million) as part of a strategic alliance to jointly operate the automotive equipment business.

Philippines President Marcos backs Mitsubishi’s $700M investment in energy firm Ayala

Philippine President Ferdinand Marcos Jr. has lauded Mitsubishi Corp.'s investment of $700 million in energy firm Ayala Corp as among the largest foreign equity investments in the Philippines in recent years.

PFN, Mitsubishi and IIJ team up for AI cloud computing

Preferred Networks (PFN), Mitsubishi Corporation (MC) and Internet Initiative Japan (IIJ) have on Monday announced that the three companies will establish their joint venture Preferred Computing Infrastructure, Inc. (PFCI) in January 2025.

Mitsubishi to invest in Ayala joint venture with stake in Mynt

Japan-based conglomerate Mitsubishi Corporation said Friday it will invest in Ayala Corporation joint venture with stake in Globe Fintech Innovations, Inc. (Mynt), the parent company of the Philippines-based finance super app.

MUFG Bank partners Mitsubishi, Pavilion Private Equity to launch $1B climate tech fund

Japan's largest bank MUFG Bank has on Tuesday announced that it has established the Marunouchi Climate Tech Growth Fund L.P. with Mitsubishi Corporation and Pavilion Private Equity Co., Ltd. The fund which has $400 million at establishment, is targeting a fund size of $800 million to $1 billion.