Jul 23, 2013 | East Asia, News, Southeast Asia
The Wall Street Journal Lotte Department Store, South Korea’s largest department-store operator by revenue, is considering jumping on the trust-listing bandwagon in Singapore, and could raise at least US$1 billion. The company is looking to list some of its...
Jul 22, 2013 | China, East Asia, News
Bloomberg Suzhou Snail Digital Technology Co., the Chinese designer of online games including one endorsed by movie star Jet Li, is considering an initial public offering in Hong Kong, two people with knowledge of the matter said. The company, also known as Snail...
Jul 22, 2013 | China, East Asia, News, Oceania
Oil & Gas Journal A subsidiary of China Oil HBP Science & Technology Corp. Ltd. will buy the Chinese unit of Dart Energy Ltd., Brisbane, that holds a 50% interest in the Liulin coalbed methane production sharing contract in China for $20.8 million. Dart Energy...
Jul 22, 2013 | News, North America
Medical Daily U.S.-based Abbott Laboratories plans to acquire two closely held companies, Idev Technologies and OptiMedica Corp., in a $560 million investment in medical devices for treating blood vessel and eye diseases. The company spun off its pharmaceutical unit...
Jul 22, 2013 | News, North America
Wall Street Journal TORONTO—Canadian grocer Loblaw Cos. agreed to buy Shoppers Drug Mart Corp. for 12.4 billion Canadian dollars ($11.93 billion) in a cash-and-stock deal that marries two of Canada’s biggest and best-known retail brands. The move gives Loblaw—a...
Jul 22, 2013 | China, East Asia, News, North America
Globest.com PEARLAND, TX – Expanding its presence in the Houston area, Gaia Real Estate has joined forces with Grand China Fund to acquire the 286-unit Whispering Winds from Besyata Investment Group in an off-market transaction. The buy is the...
