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$1.26 billion),...
Jul 7, 2013 | China, East Asia, News, Oceania
TheAustralian.com PACKAGING company Amcor says it will acquire Jiangsu Shenda Group’s flexible packaging operations for 350 million Ren Min Bi (RMB) ($A62.20 million). Amcor on Monday said it’s expected that the returns, measured as EBIT to funds employed,...
Jun 26, 2013 | China, East Asia, News, Oceania
HONG KONG, June 18 (Reuters) – China Mengniu Dairy Co Ltd signed a second takeover deal in a month on Tuesday, offering to buy Carlyle-backed Yashili International Holdings Ltd in a deal worth about HK$12.5 billion ($1.6 billion) as part of a plan to expand its...
Jun 26, 2013 | China, East Asia, News, Oceania
Reuters 24 June 2013 (Reuters) – New Zealand dairy company Synlait Milk Ltd plans to raise a total of NZ$120 million ($92.79 million) in an initial public offering and share sell-down, ending the majority stake held China’s Bright Dairy. The milk powder...
Jun 18, 2013 | Africa, China, East Asia, News, Oceania, South Africa
18 June 2013 Chinese energy company Shandong has raised funds to buy a subsidiary of Australian gold miner Stonewall Resources. Shandong had raised $US300 million ($A315.66 million) to acquire Stonewall Mining, Stonewall Resources said on Tuesday. The Chinese firm is...
Jun 5, 2013 | Asia, China, East Asia, News, Oceania
Thedrinksbusiness.com 03 June 2013 The New Zealand Overseas Investment Office (OIO), recently approved the sale of 336ha from Otuwhero Estates, Otuwhero Estate Wines, Otuwhero Estates No 3 and Tui Concepts, to O:TU Investments which is owned by Min Jia and Xiumei Lin....
