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HONG KONG (Reuters) - Sinotrans, the Chinese conglomerate partnered with DHL DHL.UL, is considering merging with the country's top river-shipping operator to create a national logistics giant, sending shares in its main listed arm up 6 percent on Wednesday. Sinotrans Ltd (0598.HK: Quote, Profile, Research, Stock Buzz), a joint venture partner of Deutsche Post's (DPWGn.DE: Quote, Profile, Researc..
Tata Communications has signed an equity joint venture agreement with the shareholders of China Enterprise Communications (CEC) for the acquisition of a 50% equity interest in CEC. The joint venture, which will become effective after the necessary approvals from the relevant government and regulatory bodies in China are obtained, will be the first of its kind in the Chinese telecoms sector. ‘The..
Source from http://www.bloomberg.com/apps/news?pid=20601103&sid=a7003cQU3qmE&refer=news If you need more detail for this, please visit Bloomber.com ----------------------------------------------------------------------------- InBev NV, the world's biggest brewer, said its $65-a-share offer to acquire Anheuser-Busch Cos. is based on the beermaker's current assets and business. ``It is our strong ..
The chairmand of Chinese apparel company Humbly international Holdings said he has acquired Italian sportswear maker Sergio Tacchini in a deal that could encourage further acquisitions of Italian fashion brands by Asian buyers. This brands is known for Sampras and EcEnroe's dressing. The price was not uncovered. Mr. Mgok said he aims to open more than 200 Sergio Tacchini shops in the next three ..
Kohlberg Kravis Roberts & Co. has agreed to buy Singapore disk drive component maker Unisteel Technology , sources involved in the auction said on Thursday, beating out private equity firms Bain Capital and Carlyle Group [CYL.UL]. A deal with Unisteel would mark KKR's second purchase of a Singapore disk drive maker in the last year. Unisteel's stock was halted on Tuesday, having risen more than ..
Singapore Technologies Telemedia (ST Telemedia), a wholly-owned unit of state-linked investment firm Temasek Holdings, said over the weekend that it has sold its interest in Indonesian telecommunications company PT Indosat to business partner Qatar Telecom (Qtel). Qatar Telecom will pay $1.8 billion for the 40.8 percent stake in Indosat held by Asia Mobile Holdings, a joint venture between Qtel ..