Jul 6, 2013 | China, East Asia, News, Western Europe
China Daily 05 July 2013 Greenland Group signed a memorandum of understanding with Melia Hotels International of Spain for a hotel asset swap that will help speed up the Chinese developer’s expansion abroad. Under the MOU, Greenland Group will exchange hotel...
Jul 6, 2013 | East Asia, France, News, Western Europe
Decanter.com 03 July 2013 Amane Nakashima, president of food group Nakashimato, has bought 78% of the shares of the €25 million turnover Legrand Filles et Fils, the distribution and négociant company Legrand & Associées, and fine wine store Peter Thustrup. Gérard...
Jul 5, 2013 | China, East Asia, France, News, Western Europe
Decanter.com 03 July 2013 The Moutai Group, owners of Chateau Loudenne in Saint-Yzans-de-Medoc since April 2013, are planning to open a luxury hotel on the property. Zhong Huaili, president of Chateau Loudenne, spent two years looking at over 30 estates before...
Jul 5, 2013 | China, East Asia, News
Business Week 27 June 2013 Sunfonda Group, a Chinese auto dealership that sells Audi cars, plans to raise about $150 million in a Hong Kong initial public offering, said two people with knowledge of the matter. The Xi’an, Shaanxi-based company is working with Goldman...
Jul 5, 2013 | China, East Asia, News, South & Central Asia
Bloomberg 28 June 2013 China National Petroleum Corp (CNPZ). plans to pay about $5 billion for a stake in Kazakhstan’s biggest oil field, people with knowledge of the matter said. CNPC is planning to acquire 8.33 percent in the Kashagan project from state oil company...
Jul 5, 2013 | China, East Asia, News
(Reuters) – New Century Real Estate Investment Trust, the owner of four five-star hotels in mainland China, plans to slash its Hong Kong initial public offering by at least 50 percent because of tepid demand for new listings in the city, IFR reported on...
