Jul 7, 2013 | China, East Asia, News
The Wall Street Journal Citic Capital Holdings has closed a $113 million maiden fund to invest in small to medium-sized businesses across China, coming in short of a $150 million target. The smaller sized vehicle reflects general partners’ struggle in attracting fresh...
Jul 7, 2013 | China, East Asia, News, North America
Wall Street Journal Bemis Company, Inc. oday announced that it has acquired all of the common stock of Foshan New Changsheng Plastics Films Co., LTD (NCS), a specialty film manufacturer located in Foshan, China. Details of the transaction were not disclosed. This...
Jul 7, 2013 | China, East Asia, News, Oceania
TheAustralian.com PACKAGING company Amcor says it will acquire Jiangsu Shenda Group’s flexible packaging operations for 350 million Ren Min Bi (RMB) ($A62.20 million). Amcor on Monday said it’s expected that the returns, measured as EBIT to funds employed,...
Jul 7, 2013 | China, East Asia, News
Hexun.com CITIC Capital Holdings Limited declared on June 17 that it had successfully closed the fundraising for its fourth real estate fund—CITIC Capital China Retail Property Fund, with a total fundraising amount up to US$683M, which exceeded the original...
Jul 7, 2013 | China, East Asia, News
China Business Journal 01 July 2013 June 25th, HK listed company V1.cn announced to acquire 100% of 168cai.com, which has the right to sell lottery tickets online in China and the exclusive right to sell sports lottery by telephone in Hebei province. According to...
Jul 6, 2013 | China, East Asia, News
China Tech News Kingsoft Corporation Limited recently published a report, stating that the company will acquire an addition stake in Kingsoft Network along with Tencent, with USD46.98 million additional investment from Tencent and USD5.22 million from Kingsoft...