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Korea M&A Corporation
China Eastern Airlines Corporation Limited (the "Company"; NYSE "CEA"; SEHK "0670"; SSE "600115"), announces that, following a request made by the Company to the Stock Exchange of Hong Kong Limited, trading in its H shares has been suspended with effect from 9:30 a.m. on June 8, 2009, in connection with the Company's planned material joint restructuring with Shanghai Airlines Corporation Limited..
Shinsei Bank Ltd., backed by investor Christopher Flowers, and Aozora Bank Ltd. agreed to a $5.9 billion merger to form Japan’s sixth-biggest bank after losses on overseas investments. The Tokyo-based banks named Norito Ikeda, 61, former president of Japanese regional bank Ashikaga Bank Ltd., as chief executive officer of the new company, according to a statement to the Tokyo Stock Exchange. Eac..
Kumho Asiana Group has decided to sell its stake in Daewoo Engineering and Construction, which it bought in 2006. The move is aimed at preventing the entire group from suffering an intensifying liquidity crunch that is rooted in the purchase of the builder. This means Korea's largest corporate acquisition has failed in just three years. Kumho Asiana Group bought a 72.1 percent stake in Daewoo fr..
Global private equity firm The Carlyle Group announced today it has successfully closed its fourth Asian growth capital fund, Carlyle Asia Growth Partners IV (CAGP IV), a sector-agnostic growth capital fund which invests in high growth private companies with strong local management and leading market position in China, India, Korea and other key Asian markets. Despite a difficult fund-raising en..
Incorporated:2004 Employees:23 Ownership: Private COMPANY OVERVIEW Established in 2004, Mininfo Co., Ltd. (hereinafter “Mininfo” or “the Company”) is an online security software provider, especially targeted for the financial sector. Of late, Mininfo has diversified its business from system integration to various security solution systems, such as database security, web security, and personal in..
Sinopec, with its $7.2 billion bid for Addax Petroleum, is seeking crucial production capacity and coveted reserves in West Africa and the Middle East to help balance its heavy reliance on crude oil processing. News that Addax's board had approved the offer by Sinopec, formally known as China Petroleum & Chemical Corp., helped push the Beijing-based company's shares up 1.6 percent Thursday to 10..