Jul 17, 2013 | China, East Asia, News, Oceania
South China Morning Post Mainland group seeks to acquire full control of Yancoal amid weak prices for coal but the move is expected to face stiff opposition. Yanzhou Coal Mining has proposed taking its Australian unit private for about A$180 million (HK$1.26 billion),...
Jul 17, 2013 | China, East Asia, News, Southeast Asia
Strait Times Singapore-listed mall owner and operator CapitaMalls Asia (CMA) has won a tender to acquire Grand Canyon Mall in Beijing for 1.74 billion yuan (S$356.6 million). The mall, which was put up for sale by Capital Airport Real Estate Group Co, will be...
Jul 17, 2013 | Brazil, East Asia, Latin America, News
Rubber Journal Asia JAPANESE firm Tokai Rubber Industries, Ltd has completed the purchase of all the outstanding quotas of Brazil-based Produflex Minas Indústria de Borrachas Ltda. This is the second acquisition of automotive anti-vibration rubber manufacturers by TRI...
Jul 17, 2013 | China, East Asia, News
Wall Street Journal Spreadtrum Communications Inc. (SPRD) has agreed to be acquired by Tsinghua Unigroup Ltd. for about $1.78 billion, in a deal the China-based fabless semiconductor provider says will bolster its growth prospects. Shareholders will receive $31 per...
Jul 17, 2013 | Africa, China, East Asia, News
Reuters Chinese state-owned metals trader Sinosteel is in talks to take over a state-owned steel mill in Nigeria and expand its capacity to 5.6 millions tonnes from 1.3 million, Nigeria’s mining minister said on Thursday during a visit to Beijing. * Seeks to...
Jul 17, 2013 | Central & Eastern Europe, News, Russia
MOSCOW, Jun 24 (PRIME) — State-owned Rosneftegaz may buy part of the government’s stake in Russian power holding Inter RAO UES either this year or the next, Olga Dergunova, director of the Federal State Property Management Agency, told reporters on June...
