Citic Capital Said in Advanced Talks to Acquire AsiaInfo-Linkage
Citic Capital Holdings Ltd., controlled by the sovereign wealth funds of Qatar and China, is in advanced talks to buy Chinese software services provider AsiaInfo-Linkage Inc. (ASIA) for about $900...
View ArticleHochtief Airport Concessions Sale Said to Stall Amid Sovereign-Debt Crisis
Hochtief AG (HOT)’s sale of its airport- operating business has stalled as concerns over the spreading sovereign-debt crisis weigh on suitors, said people familiar with the transaction. While the...
View ArticleING Said Near Pact to Sell Malaysia Unit for $1.7 Billion
ING Groep NV (INGA), under European Union orders to sell assets, is near an agreement to sell its Malaysian insurance business for as much as $1.7 billion to AIA Group Ltd. (1299), two people with...
View ArticleNew China Life Said to Seek $1.6 Billion From Hong Kong Offering
New China Life Insurance Co., the Chinese insurer backed by Zurich Financial Services AG (ZURN), may seek as much as $1.6 billion in the Hong Kong portion of its initial public offering, two people...
View ArticleD.E. Shaw in Talks to Buy Stake in China’s TEDA
D.E. Shaw & Co., the $21 billion hedge-fund firm, is in advanced talks to buy a stake in Chinese state-controlled investment company Tianjin TEDA International Holding (Group) Co., said three...
View ArticleSinomach Said in Advanced Talks to Buy European Tool Maker MAG
China National Machinery Industry Corp., an agricultural and engineering equipment manufacturer, is in advanced talks to buy MAG’s European machine-tool making unit, people familiar with the matter...
View ArticleYanzhou Coal Is Said to Plan $2 Billion Purchase of Australia’s Gloucester
Yanzhou Coal Mining Co. (1171), China’s fourth-largest producer of the fuel, plans to acquire Gloucester Coal Ltd. for at least $2 billion, a person with knowledge of the matter said. The...
View ArticleSinopec Said to Buy Nigeria Oil Blocks From French Total
China Petroleum & Chemical Corp. (386) is close to buying stakes in Nigerian onshore oil blocks from Total SA (FP), Europe’s third-biggest oil company, for about $2.4 billion, according to two...
View ArticleGoldman Said to Sell Stake in China’s ICBC for $1.1 Billion
Goldman Sachs Group Inc. (GS) raised $1.1 billion selling shares of Industrial & Commercial Bank of China (601398) Ltd., further trimming an investment first made in 2006, according to two people...
View ArticleChina scales back plan for wind-power farms
China, the worldâs biggest wind-power market, issued plans that may indicate it will approve fewer of the projects this year than it did last year. The National Energy Administration plans to...
View ArticleMinsheng Said to Price Shares at HK$6.79 Each in Offering
China Minsheng Banking Corp. (1988), the nation’s first non-state lender, is set to sell shares at HK$6.79 each in a Hong Kong offering, according to a person familiar with the matter. The person...
View ArticleGuodian Technology Said to Cut Size of Hong Kong IPO in Half
Guodian Technology & Environment Group Corp., a Chinese maker of wind power equipment, plans to cut the size of its Hong Kong initial public offering in half to about $300 million, said two people...
View ArticleHaitong Said to Seek Up to $1.7B in Share Sale
Haitong Securities Co. (600837), China’s third-biggest brokerage by market value, may raise about HK$13 billion ($1.7 billion) by selling shares in Hong Kong, according to two people familiar with the...
View ArticleHuaneng Renewables Misses Estimates as Wind Growth Slows
Huaneng Renewables Corp. (958), a clean- energy unit of China’s biggest electricity producer, reported net income that missed estimates as the growth of the nation’s wind-power installation slowed....
View ArticleHong Kong Exchanges Said to Make Offer for London Metal Exchange
Hong Kong Exchanges & Clearing Ltd. (388), Asia’s biggest bourse operator, submitted a takeover bid for the London Metal Exchange, two people with knowledge of the matter said. “LME is a big...
View ArticleBG Group Is Said to Seek Investors for Australia’s QGC Natural Gas Project
BG Group Plc (BG/), the U.K.’s third- largest oil and natural gas producer, is seeking investors for its Australian gas project, said three people with knowledge of the matter. The company’s options...
View ArticleLongyuan to up overseas wind farm spending
2010-12-15 13:16:35.0Longyuan to up overseas wind farm spendingLongyuan,overseas expansion,wind power,wind farm,new energy,11022002Companies2@webnews/enpproperty--> $450m investment plans include...
View ArticleMengniu Dairy Is Said to Consider Offer for Pfizer's Infant-Nutrition Unit
China Mengniu Dairy Co., the nation’s biggest dairy company, may bid for Pfizer Inc. (PFE)’s infant-nutrition business, two people with knowledge of the matter said. Mengniu’s consideration of a...
View ArticleManagers of Chinese Shoe Retailer Belle Seeking $567 Million in Share Sale
The chairman and management at Belle International Holdings Ltd. (1880), China’s largest retailer of women’s shoes, are selling about $567 million in shares. The shares of the Hong Kong-listed company...
View ArticleBain Capital Said to Raise $2.3 Billion for Second Asia Fund
Bain Capital LLC, the Boston-based private-equity firm co-founded by U.S. presidential candidate Mitt Romney, is close to raising $2.3 billion for its second Asia fund, a person with knowledge of the...
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