Korea M&A Corporation

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Feb. 6, 2007) - Can-Asia Minerals Inc. ("the Company") (PINK SHEETS:CNMN) is pleased to announce that it has signed a letter of intent to acquire 50% (the "Acquisition") of the interest held by PT Hunamas Manumpak Interbuana, a private Indonesian company, in an Indonesian oil and gas property (the "Property") in exchange for US$2,500,000 plus the issua..

Tokyo, Feb 2, 2007 (JCN) - Nomura Holdings announced on February 2 that it closed its acquisition of Instinet Inc. for a final price of US$1.2 billion. Nomura also announced a new board of directors at Instinet. Nomura said the acquisition is part of ongoing strategy to strengthen its capabilities in this area, and comes as hedge funds and other institutional investors increasingly look to place..

Sony Ericsson today completed the acquisition of the Swedish software company UIQ Technology AB from Symbian Ltd following full regulatory ratification. UIQ Technology, which uses Symbian OS, licenses the UIQ user interface and application development platform to mobile phone vendors worldwide. Sony Ericsson is already a licensee of UIQ Technology, and has been working closely with the company o..

SEOUL (MarketWatch) -- South Korea's Posco (005490.SE) said Friday its chief executive has met with an executive of Arcelor Mittal and reached an agreement about opening a dialogue between the two global steel makers to discuss potential areas of cooperation. Earlier Friday, Roland Junck, a member of Arcelor's Group Management Board, visited Posco's plants and met the Korean company's chief exec..

Tanabe Seiyaku Co., Ltd. Mitsubishi Pharma Corporation and Mitsubishi Chemical Holdings Corporation have reached an agreement in principle on the proposed merger between Tanabe Seiyaku and Mitsubishi Pharma on October 1, 2007. TOKYO, Japan | Feb 02, 2007 | Tanabe Seiyaku Co., Ltd. (Natsuki Hayama, President & Representative Director; hereinafter “Tanabe Seiyaku”), Mitsubishi Pharma Corporation (..

TOKYO — Ajinomoto Co said Thursday it will form a capital and business alliance with Japanese processed food maker Yamaki Co in an attempt to enhance its food operations. Ajinomoto, Japan's largest seasoning maker, said it plans to acquire a 33.4% stake in Yamaki, based in the city of Iyo, Ehime Prefecture, by the end of March 2007.

Shares in Wal-Mart's Japanese subsidiary, Seiyu Limited, surged 13 percent Monday after expansion talk by a top Wal-Mart executive. Wal-Mart Vice Chairman Michael Duke told Japan's Nikkei business daily that the company is looking for takeover opportunities in Japan. Duke says Wal-Mart welcomes Japanese deregulation that is to take effect in May. The rule changes will allow foreign companies to ..

Malaysia's two main Chinese-language newspaper groups plan to merge with one in Hong Kong to create a global Chinese media conglomerate owned by a Malaysian timber tycoon, according to an investment bank that drew up the proposal. The merger will bring together Hong Kong's Ming Pao Enterprises Corp. and Malaysia's Sin Chew Media Corp. and Nanyang Press Holdings Bhd. Businessman Tiong Hiew King T..

TOKYO, Jan 23 (Reuters) - Morgen, Evan & Co., a boutique New York merger adviser, said on Tuesday it had fired two managers at its Tokyo office for alleged "unauthorised banking transactions". Morgen, Evan, which has advised on deals involving Mitsubishi Electric Corp. (6503.T: Quote, NEWS , Research) and Oki Electric Industry Co. (6703.T: Quote, NEWS , Research), told clients in an e-mail earli..

SEOUL, Jan. 18 (Yonhap) -- The Fair Trade Commission, South Korea's corporate watchdog, said Thursday that it has approved Shinhan Financial Group's takeover of LG Card Co., the country's top credit card company, a deal valued at 5.18 trillion won (US$5.52 billion). In December, Shinhan Financial, the country's second-largest financial service company, agreed to buy a 61-percent stake in LG Card..

By Scott B MacDonald Late last month, Japan Tobacco announced that it was buying its British rival, Gallaher Group Plc, for about US$15 billion. This is big news for two reasons: the proposed deal is the largest-ever foreign acquisition undertaken by a Japanese company, and it marks a new assertiveness by a part of the international business community that has long been in retreat, Japanese corp..

Report: China Group Buys Oil Stake Sunday December 31, 2:00 pm ET By Scott Mcdonald, Associated Press Writer Report: China's CITIC Group Buys Canadian Company's Stake in Kazakhstan Oil Field BEIJING (AP) -- China, which is aggressively seeking overseas energy assets to fuel its booming economy, said Sunday that one of its biggest conglomerates has bought the Kazakhstan oil assets of a Canadian c..

BEIJING, Dec. 30 (Xinhua)-- China Construction Bank (CCB) announced Friday it had completed the acquisition of Bank of America (Asia) Ltd, the wholly-owned subsidiary of Bank of America in Hong Kong, acquiring 100 percent of the equity. The branch offices and bank documents of Bank of America (Asia)Ltd will soon bear the logo and name of China Construction Bank Asia Ltd. The two sides inked an a..

KatherineNgandagencies Saturday, December 23, 2006 China Life Insurance (2628), the first insurer to plan a listing in the mainland, has finished its price consultation and expects to set the range between 20 yuan and 24 yuan (HK$19.88 and HK$23.86) a share, fund managers said. "The company does not want to set the price range too high, which will limit the upside potential for its A-share debut..

NEW YORK, Dec 20 (Reuters) - Private equity firm Bain Capital Partners LLC and Japan Industrial Partners launched a $550 million tender offer for Japanese machinery leasing firm SunTelephone Co. Ltd. (8083.T: Quote, Profile, Research) in partnership with the company's management, SunTelephone said on Wednesday. SunTelephone, which in October rejected a buyout from U.S. fund Dalton Investments, s..

Nissin Buys 86% Stake in Myojo After Steel Partners Offer Fails By Yasue AoiDec. 15 (Bloomberg) -- Nissin Food Products Co., Japan's largest instant noodle maker, said it acquired an 86 percent stake in Myojo Foods Co. for 32 billion yen ($271 million) after an offer by U.S. investment fund Steel Partners failed. ``Myojo will become a unit of Nissin as of Dec. 22,'' Nissin said in a statement to..

Japan Tobacco to acquire Gallaher for about $14.7bn Saturday, December 16, 2006 6:41:57 AM ET newratings.com LONDON, December 16 (newratings.com) - Japan Tobacco Inc (JAT.BER), the world’s third-largest cigarette maker, Friday announced that it had agreed to acquire Gallaher Group Plc for nearly $14.7 billion in the largest international acquisition by a Japanese company. The Tokyo-based company..

Maruha, Nichiro Shares Surge on Seafood Merger Plan By Stuart BiggsDec. 12 (Bloomberg) -- Shares of Maruha Group Inc., a Japanese maker of processed and frozen seafood, surged for a second day after the company said it will merge with smaller rival Nichiro Corp. Nichiro's stock gained the most since 1999. Maruha said yesterday it will combine with Nichiro in an effort to reduce costs through str..

China will take measures in 2007 to create a favorable environment for listed companies to carry out mergers and acquisitions, Shang Fulin, chairman of the China Securities Regulatory Commission (CSRC), said at a forum Thursday. The CSRC will also standardize mergers and acquisition involving foreign capital, in an endeavor to ensure a fair playing ground for all parties. Shang said that with th..

TOKYO/SHANGHAI, Dec 15 (Reuters) - Japan's Kirin Brewery Co. (2503.T: Quote, NEWS , Research) said on Friday it would pay $38 million to take a 25 percent stake in China's Hangzhou Qiandaohu Brewery Co. Ltd, as it steps up its efforts to expand in the world's biggest beer drinking country. The deal gives Kirin, which vies with Asahi Breweries Ltd. (2502.T: Quote, NEWS , Research) for the title o..

A Chinese holding company has sold its 43 per cent share of the parent firm of Chengdu Swellfun Co Ltd yesterday to a foreign invested alcohol maker, marking the first possible foreign entry into China's spirits industry. Chengdu Yingsheng Investment Holding Corp announced it would sell its 43 per cent stake in Chengdu Quanxing Group to the world's largest alcohol beverage manufacturer, Diageo H..

TOKYO (AP) - Japanese instant noodle maker Myojo Foods Co. said Tuesday it is opposed to a takeover bid launched by Steel Partners Japan, saying it would rather implement its own business plans.Steel Partners launched a 29.82 billion yen (US$253.96 million; euro199.7 million) takeover bid for Myojo Foods on Friday, still a rare move in a country where consensus and negotiation, not direct appeal..

LONDON, November 1 (newratings.com) – Japanese chip maker Toshiba Ceramics Co Ltd (ticker: TO3) Tuesday announced that it has received a buyout offer worth $774 million from private equity firms Carlyle Group and Unison Capital. Electronic goods manufacturer Toshiba Corp, which owns a 40% stake in the chipmaker intends to offload its stake as part of its attempts to focus its investments on flas..

Toshiba Corp. (TOSBF.PK) on Tuesday said it completed the acquisition of BNFL USA Group Inc. and Westinghouse UK Limited, after completing final arrangements with British Nuclear Fuels Limited on October 16. The company noted that the integration of Westinghouse into Toshiba would significantly contribute in elevating Toshiba's energy systems to a global level. The company further noted that it ..

Aeon Co. has said it will hold talks to buy a 15% stake in Daiei, which could create Japan's biggest retail group with combined sales of over 6trn yen ($50bn). The move would give the retailers strong procurement power and cost competitiveness and could trigger further consolidation in the industry. Aeon, Daiei, and Marubeni will also discuss the possibility of jointly developing private brands,..

CONSTRUCTION and property group, Sunway Holdings Bhd, is open to mergers and acquisitions (M&As) if the proposition makes good business sense. "It all depends on how attractive they are and we will seize the business opportunities," said Tan Sri Ramon Navaratnam, Sunway Group's corporate Adviser. Sunway was one of the firms that could attract M&As, based on its low valuations, analysts said. Whe..

Hokuetsu Paper Mills Ltd. said Tuesday it has reached a basic agreement to conclude an operational alliance with Nippon Paper Industries Co. Hokuetsu and Nippon Paper Industries, a wholly owned subsidiary of Nippon Paper Group Inc., plan to mutually supply products under each other's brands, jointly procure materials and fuel and streamline distribution systems. The two companies expect to achie..

China's snowballing foreign reserves should intensify its efforts to ensure natural resources, high technology and global brands through mergers and acquisitions in the global market, the central bank said in a report yesterday. The Bank of Korea forecast the nation's foreign reserves will surpass $1 trillion this month after posting $954.5 billion at the end of July. The massive foreign currenc..

TOKYO, Japan (UPI) -- MTV Networks, owned by Viacom Inc., will buy the remaining interest in joint venture MTV Japan from private equity firm H&Q Asia Pacific.The deal, whose value was not disclosed, is MTV Networks` largest such action in the Asia-Pacific region and gives it sole ownership of the Japanese venture, the company said Tuesday.Upon completion of the deal, MTV Networks will combine M..

(Xinhua) Updated: 2006-08-25 09:19 China Construction Bank (CCB) on Thursday inked an agreement with Bank of America (BOA) to acquire 100 percent of equity interest of Bank of America (Asia) limited, the wholly-owned subsidiary of BOA in Hong Kong. Payable in cash, the total consideration of the acquisition is 9.71 billion HK dollars (about 1.24 billion U.S. dollars), representing nearly 1.32 ti..