Aug 6, 2013 | China, East Asia, News
The Korea Economic Daily Daewoong Pharmaceutical said on August 1 that it would acquire Liaoning Baifeng, a Shenyang (Liaoning Province)-based manufacturer of drug materials, and invest up to 18 billion won to modernize the latter’s facilities. According to...
Aug 6, 2013 | China, East Asia, News
Nasdaq.com China Commercial Credit, a microcredit lender to small businesses in the Jiangsu Province of China, lowered the proposed deal size for its upcoming IPO on Thursday. The Wujiang, China-based company now plans to raise $13 million by offering 1.9 million...
Aug 6, 2013 | Africa, China, East Asia, News, South Africa
Thesouthafrican.com The transaction, which was completed for an undisclosed amount in July, marks the first occurrence of a Chinese multinational investing in South Africa’s vineyards. Yangzhou-based Perfect China has made the Asian country’s first investment in South...
Aug 6, 2013 | News, Oceania
BigAir Group has entered into a share sale agreement to acquire Intelligent IP Communications for up to $20 million in cash and shares. The acquisition of IIPC, a Western Australia-based telecommunications carrier, is expected to contribute more than $3 million in...
Aug 6, 2013 | East Asia, France, News, Western Europe
PR Newswire 5 Aug 2013 NTT Communications Corporation, Arkadin International SAS and AXA Private Equity jointly announced on August 5 that they have entered into exclusive negotiations over NTT Com’s acquisition of a majority stake in Arkadin, the world’s...
Aug 6, 2013 | Central & Eastern Europe, News, Russia
Moscow Times Yota founders Sergei Adonyev and Albert Avdolyan plan to sell their 13.5 percent share in Garsdale Services, the company that owns Skartel and the Yota brand, in another development related to the Megafon-Yota merger, Vedomosti reported Tuesday. The 13.5...