Korea M&A Corporation

INDONESIA'S CENTRAL BANK has temporarily barred takeovers in the banking sector, citing upcoming ownership rules, sowing more uncertainty about the regulatory environment in Southeast Asia's biggest economy. GLOBAL PRIVATE EQUITY firm Lone Star has put a Tokyo property on sale aiming to raise up to 100 billion yen ($1.3 billion) before loans on the office and banquet hall complex mature early ne..

The Abu Dhabi Investment Authority may invest $100 million in Russian regional banks through a fund set up by the International Finance Corp. and VEB, Russia’s state-run development bank, Kommersantreported. Investment funds from South Korea have also expressed interest in the fund, which may invest as much as $1 billion, the newspaper reported, citing documents prepared for VEB’s supervisory bo..

First Insurance Co. of Hawaii , the largest insurance company in Hawaii, is being acquired by Tokio Marine Holdings Inc. Tokio Marine, which is already a 50 percent owner of the Honolulu-based property and casualty insurer, said Thursday it would acquire the other 50 percent from Continental Insurance Co., a subsidiary of Chicago-based CNA Financial Corp. The transaction, which requires regulato..

China Nuvo Solar Energy, Inc. (OTCQB: CNUV) today announced that SurgLine, Inc. has signed an agreement with Tandem Receivable Solutions to a western distributorship. Tandem, working as an Independent Revenue and Contracting Consultant, is committed to assisting the Company from sales through collections for their clients and facilities nationwide. Tom Toland, CEO of SurgLine stated, "As busines..

Bohai Pharmaceuticals Group, Inc. BOPH -15.89% (otcqb:BOPH), today announced that it has consummated a significant acquisition of a complementary Traditional Chinese Medicine (TCM) company in China, Yantai Tianzheng Pharmaceutical Co., Ltd. Like Bohai, Yantai Tianzheng produces, manufactures and distributes modernized herbal medicines based on TCM in China. Based in Yantai City (where Bohai is a..

South Korea’s CJ CheilJedang Corporation and France’s Arkema SA are investing a combined RM2 billion in Malaysia’s industrial bioTECHNOLOGY [] sector, the largest investment to-date for the sector, Datuk Seri Najib Tun Razak said. The Prime Minister said on Friday, Aug 12 the plant was expected to generate about RM20 billion of cumulative sales by 2020 and provide employment opportunities to alm..