Korea M&A Corporation

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..

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)..

SEOUL, June 30 (Reuters) - South Korean food group Dongwon said on Monday it had agreed to buy the StarKist seafood business from Del Monte Foods Co (DLM.N: Quote, Profile, Research) for $363 million, creating the world's top canned tuna company. Del Monte, whose brands include College Inn broths and Meow Mix cat food, was exploring a possible sale of StarKist, which it bought in 2002, as soarin..

Vancouver, British Columbia CANADA, Jun 27, 2008 (Filing Services Canada via COMTEX) ---- Pan African Mining Corp. (PAF - TSX Venture, P2A - FWB, PAFRF - OTCBB_Pink_Sheets), (the "Company") is pleased to announce the closing today of the Plan of Arrangement and related transactions (the "Plan of Arrangement") contemplated by the Arrangement Agreement dated May 9, 2008, as amended June 17, 2008 (..

Food and grocery retailer Subhiksha has taken the acquisition route to list its shares on the stock exchanges. The company wants to avoid an initial public offer (IPO) in view of the turbulence in the capital market. Chennai-headquartered Subhiksha Trading Services on Saturday announced that it has acquired 40 per cent stake in Blue Green Constructions and Investments, a non-banking finance comp..

Norway-based paper company Norske Skogindustrier ASA said it has agreed to sell its South Korean subsidiary for 3.2 billion Norwegian kroner ($621.4 million) to Morgan Stanley Private Equity Asia and Shinhan Private Equity as part of its efforts to cut debt. "The sale of the business in Korea will reduce Norske Skog's net debt by approximately 25%. This will give us more financial flexibility, a..

SOUTH KOREA. In major breaking news for the confectionery sector, a subsidiary of South Korean retail-to-leisure giant Lotte is to acquire 100% of the shares of Chocolaterie Guylian NV (Guylian) and its subsidiaries. Under the terms of the deal, Guylian, one of the world’s leading brands of premium Belgian boxed chocolates, will partner with Lotte Confectionery Co Ltd, the Lotte Group's publicly..

Not long after closing the door on the pursuit of Yahoo! Inc. (YHOO), an acquisition that would have boosted its online advertising business, Microsoft Corp. (MSFT) is making another purchase -- albeit much smaller -- that could enhance its ad presence in an entirely different way. The software giant is acquiring Navic Networks Inc., a venture-backed company that makes software to enable the pla..

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..

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 ..

A day after Verizon Wireless surprised everyone by quickly scooping up Alltel ( NYSE: AT) for $28.1 billion, reactions are mixed on what it will mean for Alltel customers, what it means for Verizon's debt load going forward, how government regulators will react, and how it will affect the rest of the industry. Here's a round-up of the thoughts and opinions: -- Verizon Emphasizes Wireless: UBS an..

Source from http://news.yahoo.com/s/afp/20080603/bs_afp/chinatelecommergerunicomnetcom Wireless telecom provider China Unicom will take over fixed-line operator China Netcom in a share swap valued at 56 billion dollars, Unicom officials have said. The combined firm will be an integrated company with a full range of product offerings, including mobile and fixed-line phone services, and broadband ..

China Merchants Bank has agreed in principle to buy control of Hong Kong's Wing Lung Bank in a deal that would value the lender at over $4.5 billion, a person familiar with the situation said on Friday. The person, who could not be identified given the sensitivity of the situation, said no deal had been signed and negotiations were ongoing. Shares in both lenders were suspended on Friday pending..

Source from http://online.wsj.com/article/SB121199901949126765.html?mod=googlenews_wsj Closely held Japanese drug, food and drink maker Otsuka Pharmaceutical Co. said Wednesday it will pay about $1.2 billion to buy a 49% stake in Alma SA, the maker of Cristaline, France's biggest-selling still-water brand by volume. The move by Tokyo-based Otsuka -- buying part of a stake formerly held by Groupe..

Rohm Co. Ltd. has kept a relatively low profile, as compared to other chip makers in Japan, such as NEC, Sony and Toshiba. Now, Rohm wants to share the limelight. Rohm confirmed that it has acquired the semiconductor operations of Japan's Oki Electric Industry Co. Ltd. Rohm is also making other headlines by moving into the organic electroluminescence (OLED) market. Formed in 1958, Rohm (Kyoto) s..

Alnylam Pharmaceuticals (ALNY - Cramer's Take - Stockpickr) and Japan's Takeda Pharmaceutical have teamed up to develop RNAi therapeutics for treatments for cancer and metabolic disease. RNAi therapeutics target the cause of diseases by silencing specific messenger RNAs (mRNAs) to prevent disease-causing proteins from being made. According to the five-year agreement, Takeda gets access to Alnyla..

Nanya Technology Corp. (2408.TW) is considering the sale of a stake in its chip joint venture with Qimonda AG (QI) to Micron Technology Inc. (MU), a Nanya executive said Thursday. Qimonda and Nanya each own 35% in Inotera Memories Inc. (3474.TW), which makes dynamic random access memory chips widely used in personal computers. Nanya won't divest its current stake, but is considering a sale to Mi..

After months in the doldrums, the buyout market is staging a modest recovery with Carlyle, the private equity group, agreeing to buy part of Booz Allen Hamilton for $2.9 billion. The leveraged buyout of Booz Allen Hamilton's political consultancy business, announced yesterday, is being part-financed by Bank of America and Credit Suisse. It brings the total value of private equity deals announced..

General Electric Coconfirmed on Friday it may sell or spin off its century-old appliances unit, saying the business was too focused on the United States. The appliance arm, which employs about 13,000 people worldwide, is the area of GE hardest hit by the two-year U.S. housing slump, as the company sold a lot of its dishwashers and refrigerators to home builders. The Louisville-based business, wh..

CBS Corp. is buying San Francisco technology news provider Cnet Networks Inc. for $1.8 billion in a cash deal that will make CBS one of the 10 largest Internet companies in the country, the companies announced Thursday. Under the terms of the agreement, Cnet investors will receive $11.50 a share, a 44 percent increase over Wednesday's closing price of $7.95 a share. "Our little San Francisco-bas..

Clear Channel Communications Inc. settled litigation and signed an amended agreement to be acquired by an investor group for $17.9 billion, ending months of wrangling with banks reticent to fund the deal. The deal price of $36 a share is 8.2% below the $39.20-a-share accord Clear Channel reached in May 2007 with Bain Capital Partners and Thomas H. Lee Partners. In a statement late on Tuesday, th..