Jul 24, 2013 | China, East Asia, News
Bloomberg Zong Qinghou, China’s richest man who is worth an estimated $11.3 billion, plans to add more malls across Chinese cities as he considers an initial public offering for those operations. There is no specific time frame for the share sale, Zong said at a press...
Jul 24, 2013 | China, East Asia, News, Western Europe
Bloomberg 23 July 2013 Aviation Industry Corp. of China, the country’s biggest aerospace company, agreed to buy Thielert Aircraft Engines GmbH, focusing the insolvent German supplier fully on powering private aircraft and away from U.S. drones. The Chinese...
Jul 23, 2013 | China, East Asia, News, Western Europe
Bloomberg 23 July 2013 Diageo Plc, the world’s largest liquor company, consolidated control over Sichuan Shuijingfang Co., a maker of the popular Chinese spirit baijiu, as it seeks to expand in the country. Diageo got approval from Chinese authorities to buy the...
Jul 23, 2013 | China, East Asia, News, Western Europe
Food Business News LONDON — Tate & Lyle, P.L.C. has signed an agreement with Xuzhou Yitong Food Industry Co., Ltd. to form a sino-foreign joint venture through the acquisition of a 51% equity interest in Jiangsu Howbetter Food Co. Ltd., a food systems business in...
Jul 22, 2013 | China, East Asia, News
Bloomberg Suzhou Snail Digital Technology Co., the Chinese designer of online games including one endorsed by movie star Jet Li, is considering an initial public offering in Hong Kong, two people with knowledge of the matter said. The company, also known as Snail...
Jul 22, 2013 | China, East Asia, News, Oceania
Oil & Gas Journal A subsidiary of China Oil HBP Science & Technology Corp. Ltd. will buy the Chinese unit of Dart Energy Ltd., Brisbane, that holds a 50% interest in the Liulin coalbed methane production sharing contract in China for $20.8 million. Dart Energy...
