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Korea M&A Corporation
HONG KONG, Sept. 19 /Xinhua-PRNewswire/ -- Shanghai Century , a special purpose acquisition company, today announced that Sichuan Kelun Pharmaceutical Co., Ltd (Kelun), China's largest producer of intravenous (IV) solution products, has provided Shanghai Century with unaudited financial highlights with respect to the consolidated results of operations of Kelun and its subsidiaries and variable i..
TOKYO and CAMBRIDGE, England, Sept. 19, 2007 (PRIME NEWSWIRE) -- Sumitomo Chemical Company (Sumitomo Chemical) and Cambridge Display Technology Inc. (Nasdaq:OLED) (CDT), a developer of technologies based on polymer organic light emitting diodes (P-OLEDs), today jointly announced that Sumitomo Chemical has completed its $285 million acquisition of CDT, by means of a merger between CDT and a wholl..
HONG KONG -- The scramble by port operators to invest in the bustling wharves of southern China is evident even in the smallest of deals -- like Hutchison Port Holdings' latest acquisition, an incremental purchase in the biggest port of China's busiest manufacturing region. Hutchison, the world's largest operator of container terminals by volume handled, plans to spend 270.63 million yuan ($36 m..
A move earlier this month by Singapore Airlines and Temasek, the Singaporean government's investment vehicle, to take a minority stake in troubled state-owned carrier China Eastern Airlines likely heralds further consolidation in China's aviation sector. Tie-up targets for international acquirers could include China Southern Airlines , which is China Eastern's state-owned peer, said analysts. Ai..
SEOUL (Reuters) - South Korea will loosen regulations on foreign asset management firms and domestic private equity funds as early as this year, and eliminate rules deterring overseas acquisitions, two ministries said on Thursday. The moves are the latest in a series of deregulation efforts for the financial industry as the government strives to raise its financial clout in Asia, and are aimed a..
SHANGHAI (XFN-ASIA) - China B-shares were sharply higher in early trade amid reports that the securities watchdog is still studying the reform of the B-share markets, dealers said. The Shanghai Securities News quoted Qi Bin, director-general of research and strategy at the CSRC, as saying it needs to proceed 'prudently' because market opinion on B-share reform is so diverse, with some proposals ..