Jul 8, 2013 | China, East Asia, News, North America
PR Newswire GLENVIEW, Ill., July 3, 2013 — Illinois Tool Works Inc. today announced that it has acquired Gold Pattern Holdings from private equity firm Actis. Gold Pattern Holdings owns 100% of Vesta Global Ltd., which holds a 100% equity stake in Vesta...
Jul 8, 2013 | China, East Asia, News
China Daily Cash-rich Chinese companies are eyeing strong brands as a key goal when making merger and acquisition deals in Europe despite their concerns about reputation risk, a survey by international law firm Clifford Chance has said. The survey, released on...
Jul 8, 2013 | China, East Asia, News
The Wall Street Journal Chinese property developers are turning to a new source of cash—backdoor listings in Hong Kong—in response to restrictions on raising funds on the mainland and a tough market for initial public offerings in the territory. At least seven Chinese...
Jul 7, 2013 | East Asia, MENA, News, North America
Apple Insider Samsung may be looking to take its rivalry with Apple to another level, as a new report has the South Korean tech giant buying streaming media startup Boxee in a move that will bring it into even more direct competition with the Apple TV. Boxee produces...
Jul 7, 2013 | China, East Asia, MENA, News
Cyprus Property News 06 July 2013 According to unnamed sources, the Hong Kong based conglomerate that acquired the Venus Rock Golf Resort in Paphos is considering buying plots of land in Limassol, Larnaca and Paphos. CHINA Glory International Investment Group, which...
Jul 7, 2013 | East Asia, News
TOKYO, July 3 (Reuters) – Suntory Beverage and Food Ltd managed a modest rise in its debut on Wednesday after a $4 billion IPO, as investors shrugged off volatile markets and rich valuations to buy up what may be Japan’s last big corporate listing of 2013....