Korea M&A Corporation

China is reviewing Coca-Cola Co's (KO.N: Quote, Profile, Research) $2.5 billion bid to acquire China Huiyuan Juice Group (1886.HK: Quote, Profile, Research) under the anti-monopoly law, Commerce Minister Chen Deming said on Tuesday. Coca-Cola said in December it had filed an application for anti-trust approval of its proposed purchase of China's top juice maker, and the case is being closely wat..

The National Aviation Co. of India Ltd., which runs Air India, has asked the federal government for 39.81 billion rupees ($798.2 million) in financial assistance, Civil Aviation Minister Praful Patel said Thursday. The owning company, Nacil, has "submitted a proposal for an equity induction of 12.31 billion rupees and a proposal for a soft loan of 27.50 billion rupees," Mr. Patel told Parliament..

China National Petroleum Corp has agreed to buy Canada's Verenex Energy Inc, including its Libyan oil assets, in a deal worth 499 million Canadian dollars (400 million US dollars), the Calgary-based company said. The Chinese company's international arm, CNPC International Ltd, in an all cash deal, offered 10 Canadian dollars (7.97 US dollars) per share, a 28 percent premium on the company's clos..

Shanghai Airlines is expected to receive a CNY1 billion ($146 million) capital injection through the issuance of a nonpublic stock offering to Jinjiang International Holding, its third-largest stakeholder. The move is designed to reduce SAL's debt ratio and relieve some pressure as its financial situation worsens (ATWOnline, Feb. 6). The carrier said its debt ratio will fall 5.9 points to 85.5% ..

Wing Hang Bank Ltd. (0302.HK) said in a statement Wednesday afternoon that China Life Insurance Co. (LFC) and the Fung family aren't proceeding with an acquisition of Wing Hang Bank shares from Bank of New York. The statement comes after Hong Kong's Securities and Futures Commission said China Life had proposed buying 10% of Wing Hang Bank from a Bank of New York unit last year. The Bank of New ..

Bids for American International Group's(AIG Quote - Cramer on AIG - Stock Picks) Asian arm are due Friday and a number of prospective bidders, including HSBC Holdings(HBC Quote - Cramer on HBC - Stock Picks) and AXA SA have abandoned the process and no further bids may be forthcoming, the Wall Street Journal reports. AIG initially intended to sell 49% of American International Assurance, which i..