Aug 13, 2013 | China, East Asia, News
South China Morning Post 12 August 2013 China Angel Food, a Shenzhen-based mooncake maker and catering service provider, is considering an initial public offering either in Hong Kong or on the mainland to raise funds for its expansion. Chairman Patrick Liang Qiusheng...
Aug 12, 2013 | Central & Eastern Europe, News, Russia, Southeast Asia
The Moscow Times Airport operator Basel Aero, a subsidiary of billionaire Oleg Deripaska’s Basic Element, will begin accepting bids on Sept. 6 to design Krasnodar’s Pashkovsky airport in the first step on its transformation into a major aviation hub. The winner will...
Aug 12, 2013 | China, East Asia, News
Bloomberg Beijing Enterprises Holdings Ltd. said it will pay HK$8.22 billion ($1.1 billion) to its state-owned parent for a stake in China Gas Holdings Ltd., a supplier of natural gas to 184 Chinese cities. The company will pay HK$7.80 a share to Beijing Enterprises...
Aug 12, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News A minority stake in Banki.ru, one of the largest B2C banking portals on the Russian-language Internet, has changed hands. Finam Global, a Moscow-based investment fund, sold it earlier this month to Russia Partners Technologies, a high tech...
Aug 12, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times VTB is looking into the possibility of buying mid-sized Petrocommerce bank, two banking sources said Thursday. State-controlled VTB is ramping up its business through organic growth and mergers, but a deal to buy Bank of Moscow led to a shareholder...
Aug 12, 2013 | East Asia, News, Western Europe
Research-live.com 9 Aug. 2013 Hong Kong — WPP-owned XM Asia has agreed to acquire a majority stake in digital technology agency Designercity. Designercity specialises in building integrated digital solutions that seamlessly connect across all different devices and the...
