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Covpress £30m sale to Chinese and Shropshire investors

Covpress £30m sale to Chinese and Shropshire investors

Aug 7, 2013 | China, East Asia, News, Western Europe

BBC News A Coventry manufacturing firm has been bought for £30m by a partnership between a Chinese automotive supplier and a Shropshire company. Covpress, in Canley, makes body panels for the likes of Jaguar Land Rover (JLR) and employs more than 450 people. Shandong...
China’s Hanergy Purchases Third Thin-Film Solar Producer

China’s Hanergy Purchases Third Thin-Film Solar Producer

Aug 7, 2013 | China, East Asia, News, North America

Bloomberg Hanergy Holding Group Ltd., the Chinese clean-power producer, acquired the U.S. photovoltaic manufacturer Global Solar Energy Inc. for an undisclosed amount, its third purchase in a year of a thin-film panel maker. Global Solar joins Miasole Inc., which...
Yue Xiu Said to Consider Bid for Hong Kong’s Chong Hing Bank

Yue Xiu Said to Consider Bid for Hong Kong’s Chong Hing Bank

Aug 7, 2013 | China, East Asia, News

Bloomberg 07 Aug. 2013 Yue Xiu Group, a trading arm of China’s Guangzhou city government, is considering a bid for Hong Kong family-run lender Chong Hing Bank Ltd., according to a person familiar with the matter. While talks are at an early stage, Yue Xiu is arranging...
China’s Greenland Buys Stake in Los Angeles Project

China’s Greenland Buys Stake in Los Angeles Project

Aug 6, 2013 | China, East Asia, News, North America

Bloomberg Shanghai Greenland Group Co., the developer building one of China’s tallest towers, is investing $1 billion in a downtown Los Angeles project, the latest Chinese builder to venture overseas. Shanghai Greenland signed an agreement to acquire a stake in the...
Keppel T&T unit acquires 60% stake in Guangdong port company

Keppel T&T unit acquires 60% stake in Guangdong port company

Aug 6, 2013 | China, East Asia, News, Southeast Asia

Straits Times A subsidiary of Keppel Telecommunications & Transportation (Keppel T&T) has agreed to buy a 60 per cent stake in Foshan Sanshui Port Development Co, a Chinese company engaged in the development and operations of a port in Sanshui District in...
Croda Buys Sipo for $58.8 Million to Tap Chinese Auto Market

Croda Buys Sipo for $58.8 Million to Tap Chinese Auto Market

Aug 6, 2013 | China, East Asia, News, Western Europe

Bloomberg Croda International Plc, the world’s second-largest maker of cosmetic ingredients, agreed to buy a Chinese maker of fatty-acid products for 38.2 million pounds ($58.8 million) to tap growing demand for lubricant additives for cars. The U.K. supplier of...
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