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Meidu will acquire Woodbine for $135 million

Meidu will acquire Woodbine for $135 million

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...
Microsoft Ventures Accelerator Beijing Demo Day

Microsoft Ventures Accelerator Beijing Demo Day

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...
Renhe Pharmacy to Acquire 100% of Shaanxi-based Pharmaceutical Company

Renhe Pharmacy to Acquire 100% of Shaanxi-based Pharmaceutical Company

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,...
Ourpalm to Issue New Shares for Acquisition of Equity Shares and Fund Raising

Ourpalm to Issue New Shares for Acquisition of Equity Shares and Fund Raising

Jul 12, 2013 | China, East Asia, News

Reuters Ourpalm Co Ltd announced that it has decided to issue new shares and pay cash to acquire a 100% stake in Dovo Technology, Inc. for RMB 810.09 million in total. The Company will pay cash of RMB 315.42 million to Wang Guiqing, Li Zhichao and two Guangzhou-based...
Fubon raises US$850 million from GDRs; shares nosedive

Fubon raises US$850 million from GDRs; shares nosedive

Jul 12, 2013 | East Asia, News, Western Europe

Chinapost.com TAIPEI, Taiwan — Fubon Financial Holding yesterday raises US$850 million from global depositary receipts (GDRs) in Luxemburg, however its shares plummeted over 5 percent after the company priced the GDRs at a more than 6-percent discount. In a...
Ourpalm to Issue New Shares for Acquisition of Equity Shares and Fund Raising

Publicis Groupe Acquires China Social Firm Net@lk

Jul 11, 2013 | China, East Asia, France, News, Western Europe

Asia Media Journal Publicis Groupe today announced the acquisition of Net@lk, one of China’s leading social media services providers. Specialising in delivering tailor-made social influence marketing campaigns to clients and building brands in a social context, Net@lk...
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