Jun 26, 2013 | China, East Asia, News, Oceania
HONG KONG, June 18 (Reuters) – China Mengniu Dairy Co Ltd signed a second takeover deal in a month on Tuesday, offering to buy Carlyle-backed Yashili International Holdings Ltd in a deal worth about HK$12.5 billion ($1.6 billion) as part of a plan to expand its...
Jun 26, 2013 | China, East Asia, News, Oceania
Reuters 24 June 2013 (Reuters) – New Zealand dairy company Synlait Milk Ltd plans to raise a total of NZ$120 million ($92.79 million) in an initial public offering and share sell-down, ending the majority stake held China’s Bright Dairy. The milk powder...
Jun 26, 2013 | China, East Asia, News
June 18 (Reuters) – Baring Asia Private Equity, with $5 billion in assets under management, has a reputation as one of the savviest investors in China. But the Hong Kong-based firm is now sitting on an $43 million paper loss from a $57 million investment in New...
Jun 26, 2013 | China, East Asia, News, Southeast Asia
The Business Times 25 June 2013 TEE International Limited said on Tuesday that it has entered into a Memorandum of Understanding (MOU) with Pioneer Environmental Technology Pte Ltd, a unit of AnnAik Limited, to acquire a sewage treatment/waste water treatment plant in...
Jun 26, 2013 | China, East Asia, News
PR Newswire 20 June 2013 FUZHOU, China, Pingtan Marine Enterprise Ltd. (Nasdaq: PME), an integrated marine services company providing territorial sea fishing and dredging services in the People’s Republic of China (PRC), today announced that the Company recently...
Jun 26, 2013 | China, East Asia, News
Reuters 24 June 2013 China’s Huarong Asset Management Corp plans to raise up to $2 billion by selling a stake of 15 percent to 20 percent, two sources told Reuters, becoming the country’s second asset management company to offer a minority stake to...