Korea M&A Corporation

Asia’s sovereign wealth funds may be loaded, but they don’t need long memories to recall the big losses they’ve suffered on seemingly sure-thing investments in Wall Street’s troubled banks. So with reports that Lehman Brothers came up empty in efforts to win funds from top Chinese brokerage CITIC Securities and state-owned Korea Development Bank, it’s anybody’s guess where it will come up with t..

The Commission found that under EU merger regulations, the merger of the Japanese electronics giants "would not significantly impede effective competition in the European Economic Area". The combination of Kenwood's focus on communications equipment, car and home electronics with JVC's product range, which includes computer-related electronics, was found to be acceptable by the Commission. "The ..

Taiwan's finance ministry said on Wednesday it was investigating possible impropriety in three acquisitions of state-run financial holding firms by private companies. The ministry said it was looking into the acquisitions of Chang Hwa Bank 2801.TW by Taishin Financial (2887.TW: Quote, Profile, Research, Stock Buzz) and of Mega Financial (2886.TW: Quote, Profile, Research, Stock Buzz) by Chinatru..

Taipei, Aug. 20, 2008 (CENS)--Asia Cement Corp., a cement supplier under the Far Eastern Group, will expand to China by acquiring peers through its mainland subsidiaries. Seeing the potential market in China generated by increasing demand for cement to rebuild after the disastrous Sichuan quake, Asia Cement will budget US$600 million to double its mainland capacity to 20 million metric tons of c..

TOKYO (Reuters) - Mitsubishi UFJ Financial Group's (8306.T: Quote, Profile, Research, Stock Buzz) $3 billion bid for control of U.S. unit UnionBanCal Corp (UB.N: Quote, Profile, Research, Stock Buzz) is more than just a rare bet by Japan's most conservative lender -- it could mark the start of a broader U.S. expansion by the bank. As Japan's population ages and the domestic market continues to s..

Mumbai, Aug 4 The Essar group said on Monday that its outsourcing outfit Aegis BPO has agreed to buy the Nasdaq listed off-shoring firm PeopleSupport Inc for $250 million (Rs 1,057 crore). This would be the eleventh acquisition by Aegis in the last four years. Post the acquisition, the companies will merge through Essar Services (Mauritius) and create an entity that would have revenues of $500 m..