Jul 7, 2013 | China, East Asia, France, News, Western Europe
China Daily Chinese baby care products provider Biostime International Holdings Ltd., said Wednesday that it will provide 20 million euros in equity investment and financing to France’s dairy producer Isigny Sainte Mère (ISM) to strengthen ISM’s sufficient...
Jul 7, 2013 | China, East Asia, News
The Wall Street Journal Citic Capital Holdings has closed a $113 million maiden fund to invest in small to medium-sized businesses across China, coming in short of a $150 million target. The smaller sized vehicle reflects general partners’ struggle in attracting fresh...
Jul 7, 2013 | China, East Asia, News, North America
Wall Street Journal Bemis Company, Inc. oday announced that it has acquired all of the common stock of Foshan New Changsheng Plastics Films Co., LTD (NCS), a specialty film manufacturer located in Foshan, China. Details of the transaction were not disclosed. This...
Jul 7, 2013 | China, East Asia, News, Oceania
TheAustralian.com PACKAGING company Amcor says it will acquire Jiangsu Shenda Group’s flexible packaging operations for 350 million Ren Min Bi (RMB) ($A62.20 million). Amcor on Monday said it’s expected that the returns, measured as EBIT to funds employed,...
Jul 7, 2013 | China, East Asia, News
Hexun.com CITIC Capital Holdings Limited declared on June 17 that it had successfully closed the fundraising for its fourth real estate fund—CITIC Capital China Retail Property Fund, with a total fundraising amount up to US$683M, which exceeded the original...
Jul 7, 2013 | East Asia, News, North America
The Wall Street Journal Though Japan’s economic might has faded, the country continues to enhance its status as a powerhouse in one realm: toilets. Japan’s Lixil Corp. said on Friday it agreed to pay about $342 million for American Standard Brands, a...