Korea M&A Corporation

Dec. 26 (Bloomberg) -- Elpida Memory Inc., Japan’s largest computer-memory chipmaker, has begun merger talks with Powerchip Semiconductor Corp. and two other Taiwanese semiconductor companies to counter a glut that’s widening industry losses. “Ideally, the four companies should come together as one,” Yukio Sakamoto, chief executive officer of Tokyo-based Elpida, said in an interview after confir..

Sina Corp., a Chinese-language Web portal operator, is venturing outside the Internet to scoop up valuable advertising real estate in office buildings, malls and airports with its $1 billion-plus acquisition of a big chunk of Focus Media Holding Ltd.'s business. Shares of both companies dived on fears that Sina is piling too much on top of its core business, and that Focus Media (nasdaq: FMCN - ..

KUALA LUMPUR, Dec 23 (Reuters) - Malaysian low-cost airline AirAsia Bhd (AIRA.KL) is in talks to merge with the budget carrier of Australia's Qantas Airways Ltd (QAN.AX), a Malaysian newspaper reported on Tuesday citing an unnamed source. The possible merger between AirAsia and Jetstar could involve a share swap and would help the carriers cope with the impact of slowing demand worldwide as the ..

TOKYO (Reuters) - U.S. insurer American International Group (AIG.N) said on Wednesday that it would halt the merger between its two Japanese life insurers, AIG Star Life Insurance and AIG Edison Life Insurance. AIG, once the world's largest insurer, said in October that it would postpone the merger between AIG Star and AIG Edison, which was originally scheduled to take place on January 1, 2009. ..

By Wang Xing (chinadaily.com.cn) Chinese investment company Fosun International has announced that it has acquired a 13.3 percent stake in China's largest outdoor advertising company Focus Media that had been recently acquired by Sina Corp. That will make Fosun the third largest shareholder in Sina after the deal is completed. Fosun said in a statement that it spent $150.11 million on 17,267,078..

By Kevin Chen STAFF REPORTER, WITH BLOOMBERG Friday, Dec 26, 2008, Page 12 AU Optronics Corp (AUO, 友達光電) and Chi Mei Optoelectronics Corp (奇美電子), on course to post record losses, said they are open to mergers with rival liquid-crystal-display makers to restore profitability. AU Optronics, Taiwan’s largest LCD maker, will consider all proposals beneficial to shareholders, spokeswoman Hsiao Ya-wen..