Korea M&A Corporation

Sinopec’s reported bid of $7.84 billion for Addax Petroleum is more than just another example of China’s well-documented desire to acquire global energy resources. It also highlights a shift from attempted large-scale acquisitions — such as Chinalco’s failed grab for an 18 percent stake in Rio Tinto — to smaller M&A deals. Note: There is some question about the vailidity of the bid. Bloomberg re..

SHENZHEN, China, June 16 (Reuters) - Tencent Holdings (0700.HK), operator of China's largest instant messaging service, aims to list in China after regulators modify current rules, as it seeks to cash in on its big name in its home market. Hong Kong-listed Tencent, whose popular QQ service is practically synonymous with instant messaging in China, is currently registered as a Cayman Islands busi..

Has M&A frenzy returned to the Seoul corporate market? The answer may be yes if you look at the latest development in Korea’s corporate landscape, where a growing number of local companies are rushing to sell some of their subsidiaries as part of the government-forced corporate restructuring drive. But it remains to be seen whether the latest fire-sale drive will be met with enough demands from ..

Company 1. (China Metallurgical Group Corporation ) will be listed end of July China Metallurgical Group Corporation （MCC in short）is a China’s leading multidisciplinary multinational company that is well known for its rewarding experience and strengths in scientific research, industrial engineering practice and international trading capabilities. MCC is mainly engaged in EPC business (engineeri..

Opposition in China is building to a deal in which US private equity group TPG plans to sell its controlling stake in a Chinese bank to Ping An Insurance, the country's second-largest insurer, for a profit of more than 150 per cent. Ping An plans to pay at least $1.68bn for TPG's 17 per cent controlling stake in Shenzhen Development Bank and buy up to $1.57bn in new shares from SDB to give it a ..

SEOUL, June 11 (Reuters) - Stocks on the move on Thursday include: As of 0301, the main KOSPI was up 0.9 percent at 1,427.67 points. The index opened 0.21 percent lower at 1,411.92 points. **DAUM COMM UP ON M&A RUMOURS** Shares in Daum Communications jumped on rumours that NCSoft Corp would buy the Internet portal operator, though spokespeople from both companies denied the talk. The Korea Excha..