Jul 15, 2013 | China, East Asia, News, North America
PR Newswire 7 Days Group Holdings Limited, a leading economy hotel chain based in China, today announced the completion of the merger contemplated by the previously announced agreement and plan of merger between Keystone Lodging Company Limited, Keystone Lodging...
Jul 15, 2013 | China, East Asia, News
Cnstock.com Shanghai RAAS Blood Products will issue a total of 93,652,444 shares, at a nominal price of RMB 19.22 per share, to acquire a 100% stake in Banghe Pharma. The shares value Banghe at 1.8 billion RMB ($290 million). Both companies make biologic...
Jul 15, 2013 | China, East Asia, News, Western Europe
Financial Times Ping An Insurance, China’s second-largest life assurer by number of policy holders, has become the latest Asian investor to gain a foothold in the City of London property market, buying the Lloyd’s Building in a £260m deal. The insurer – the first from...
Jul 15, 2013 | China, East Asia, News, North America
Nbd.com.cn Meidu announced to raise RMB2.46 billion through share placement. $135 million will be used to acquire Woodbine of US and start to enlarge the field capacity of Eagle Ford shale area (South Texas). RMB700 million will be used as the liquid assets. The...
Jul 12, 2013 | China, East Asia, News, North America
The Wall Street Journal Today, Microsoft is announcing the launch of Microsoft Ventures in China, a startup initiative that aligns the BizSpark program, the Accelerator program, and the Seed Fund. This announcement coincides with a number of milestones for the...
Jul 12, 2013 | China, East Asia, News
Reuters Renhe Pharmacy Co Ltd announced that it has signed a contract to acquire a combined 100% stake in a Shaanxi-based pharmaceutical company, which is engaged in the research, production and sales of tablets, capsules, granules, rubber paste, powder, ointment,...
