Aug 12, 2013 | China, East Asia, News
Bloomberg Beijing Enterprises Holdings Ltd. said it will pay HK$8.22 billion ($1.1 billion) to its state-owned parent for a stake in China Gas Holdings Ltd., a supplier of natural gas to 184 Chinese cities. The company will pay HK$7.80 a share to Beijing Enterprises...
Aug 12, 2013 | East Asia, News, Western Europe
Research-live.com 9 Aug. 2013 Hong Kong — WPP-owned XM Asia has agreed to acquire a majority stake in digital technology agency Designercity. Designercity specialises in building integrated digital solutions that seamlessly connect across all different devices and the...
Aug 12, 2013 | East Asia, News, Western Europe
The Wall Street Journal 9 Aug. 2013 South Korea’s Samsung Group, through its affiliates, clinched a deal Friday to buy German lighting specialist Novaled AG for 260 million euros ($347 million), in a move highlighting the conglomerate’s ambition to expand...
Aug 11, 2013 | Central & Eastern Europe, China, East Asia, News, Russia
The Moscow Times Chinese petrochemical corporation Sinopec has bought 25 percent plus one share of the Krasnoyarsk synthetic rubber plant, where the company will produce nitrile butadiene rubbers in a joint venture with Sibur, the Russian petrochemical company...
Aug 7, 2013 | China, East Asia, News, Oceania
Bloomberg China Molybdenum Co., the nation’s second-biggest producer of the steelmaking material, agreed to pay $820 million for Rio Tinto Group’s Northparkes mine to gain its first overseas copper asset. The sale should be completed by the end of the year, Rio said...
Aug 7, 2013 | Africa, China, East Asia, News, Western Europe
(Reuters) – Italian oil and gas group Eni said on Friday it had completed the sale of 28.57 percent of Eni East Africa to China’s CNPC at a previously agreed price of $4.21 billion. Eni East Africa holds 70 percent in the Area 4 gas field off the coast of...