Jul 15, 2013 | France, News, Western Europe
Reuters LVMH said on Monday it has acquired 80 percent of Italian luxury cashmere clothing brand Loro Piana for 2 billion euros ($2.57 billion), boosting the French group’s presence in high-end handcrafted products popular with Asian buyers. The deal gives Loro...
Jul 15, 2013 | China, East Asia, News, Western Europe
Financial Times Ping An Insurance, China’s second-largest life assurer by number of policy holders, has become the latest Asian investor to gain a foothold in the City of London property market, buying the Lloyd’s Building in a £260m deal. The insurer – the first from...
Jul 12, 2013 | News, Western Europe
The Wall Street Journal Nokia Corp. signaled an end to its tie-up with Siemens AG, announcing a €1.7 billion ($2.21 billion) deal to buy its German partner out of the two companies’ telecom-equipment joint venture Nokia Siemens Networks. Nokia will pay €1.2...
Jul 12, 2013 | East Asia, News, Western Europe
Chinapost.com TAIPEI, Taiwan — Fubon Financial Holding yesterday raises US$850 million from global depositary receipts (GDRs) in Luxemburg, however its shares plummeted over 5 percent after the company priced the GDRs at a more than 6-percent discount. In a...
Jul 11, 2013 | China, East Asia, France, News, Western Europe
Asia Media Journal Publicis Groupe today announced the acquisition of Net@lk, one of China’s leading social media services providers. Specialising in delivering tailor-made social influence marketing campaigns to clients and building brands in a social context, Net@lk...
Jul 11, 2013 | China, East Asia, News, Western Europe
Pv-magazine.com The battle for German module manufacturer and automobile applications maker Asola has been raging for months. Shanghai-based STGCON Group has now announced that it intends to turn Asola Solarpower into a European development center for energy storage,...
