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 23, 2013 | East Asia, News, North America
Bloomberg 22 July 2013 Himax Technologies Inc. announced that Google Inc. will acquire a 6.3 percent interest in subsidiary Himax Display Inc. “The purpose of the investment is to fund production upgrades, expand capacity and further enhance production capabilities at...
Jul 23, 2013 | East Asia, News, Southeast Asia
The Wall Street Journal Lotte Department Store, South Korea’s largest department-store operator by revenue, is considering jumping on the trust-listing bandwagon in Singapore, and could raise at least US$1 billion. The company is looking to list some of its...
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...
