Aug 13, 2013 | China, East Asia, News
South China Morning Post 12 August 2013 China Angel Food, a Shenzhen-based mooncake maker and catering service provider, is considering an initial public offering either in Hong Kong or on the mainland to raise funds for its expansion. Chairman Patrick Liang Qiusheng...
Aug 12, 2013 | China, East Asia, News
Bloomberg Beijing Enterprises Holdings Ltd. said it will pay HK$8.22 billion ($1.1 billion) to its state-owned parent for a stake in China Gas Holdings Ltd., a supplier of natural gas to 184 Chinese cities. The company will pay HK$7.80 a share to Beijing Enterprises...
Aug 11, 2013 | Central & Eastern Europe, China, East Asia, News, Russia
The Moscow Times Chinese petrochemical corporation Sinopec has bought 25 percent plus one share of the Krasnoyarsk synthetic rubber plant, where the company will produce nitrile butadiene rubbers in a joint venture with Sibur, the Russian petrochemical company...
Aug 7, 2013 | China, East Asia, News, Oceania
Bloomberg China Molybdenum Co., the nation’s second-biggest producer of the steelmaking material, agreed to pay $820 million for Rio Tinto Group’s Northparkes mine to gain its first overseas copper asset. The sale should be completed by the end of the year, Rio said...
Aug 7, 2013 | Africa, China, East Asia, News, Western Europe
(Reuters) – Italian oil and gas group Eni said on Friday it had completed the sale of 28.57 percent of Eni East Africa to China’s CNPC at a previously agreed price of $4.21 billion. Eni East Africa holds 70 percent in the Area 4 gas field off the coast of...
Aug 7, 2013 | China, East Asia, News
Shanghai Daily 6 Aug. 2013 CHINA completed 102 merger & acquisition transactions in July, a surge of 59.4 percent from a month earlier, according to an industry report. The value of the 86 M&A deals that revealed their transaction figures totaled US$3.05...