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Korea M&A Corporation
The head of KT Corp (030200.KS: Quote, Profile, Research), South Korea's top fixed-line and broadband firm, has said full integration with its mobile service unit KTF Co Ltd (032390.KS: Quote, Profile, Research) would be "desirable", a KT spokesman said on Wednesday. Investors and analysts have long expected KT to absorb KTF, the country's No. 2 mobile carrier and 53-percent owned by KT, to bett..
Chinese logistics giant Sinotrans has agreed to merge with China Yangtze Transportation (Group) Corp, the listed units of the two companies said on Wednesday. The merger is still subject to approvals from China's state assets regulator and other related government departments, Nanjing Tanker (600087.SS: Quote, Profile, Research) and Changjiang Phoenix (000520.SZ: Quote, Profile, Research) said i..
Shanghai Century Acquisition Corporation (AMEX: SHA) announced that the proposal to appoint Cosimo Borrelli and Jacqueline Walsh, both of Borrelli Walsh Limited, to act jointly and severally as liquidators of the Company in relation to the Company’s voluntary liquidation was approved by the shareholders of Shanghai Century at its General and Extraordinary Meeting held on July 8, 2008. The Liquid..
SHANGHAI, July 2 (Reuters) - Dongfeng Motor Corp's move to buy control of minivan maker Harbin Hafei Automobile Industry Group faces an uncertain future after Hafei's parent company agreed to merge with a larger rival, a source familiar with the matter said on Wednesday. Dongfeng Motor Corp, the parent of PSA Peugeot Citroen's (PEUP.PA: Quote, Profile, Research, Stock Buzz) China partner Dongfen..
KELOWNA, BRITISH COLUMBIA, Jul 04, 2008 (MARKET WIRE via COMTEX) ----PACIFIC ASIA CHINA ENERGY INC. (the "Company") (TSX VENTURE: PCE) today announced that the British Columbia Supreme Court has issued a final order approving the plan of arrangement under which Green Dragon Gas, through its wholly-owned direct and indirect subsidiaries GREKA China Ltd. and GREKA Acquisitions Ltd. ("GREKA"), will..
ABU DHABI, July 5 (Xinhua) -- The International Petroleum Investment Company (IPIC) of the United Arab Emirates (UAE) announced Saturday that it has got a syndicated term loan facility of 625 million U.S. dollars to finance its acquisition of 20 percent share of Japan's energy company Cosmo Oil, Emirates News Agency reported. The loan facility was provided by the National Bank of Abu Dhabi(NBAD)..