Korea M&A Corporation

A mergers and acquisition boom in emerging Asia has been long promised. Will 2007 be the year it actually materialises? Although the number and value of deals in the Asia-Pacific region has risen fast, most M&A activity has been concentrated in Japan and Australia. There is much to discourage buyers from venturing further afield. Policy risks remain high, as the botched imposition of capital con..

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..

The growth of the LTV Corporation is one of the classic stories of the growth of conglomerates during the third merger wave. The company was led by James Josepth Ling -- the Ling of Ling-Temco-Vought. The story of how he parlayed a $2,000 investment and a small electronics business into the 14th-largest industrial company in the United States is a fascinating one. LTV was a sprawling industrial ..

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..

An all-Korean transaction using the leveraged buyout method was declared illegal, in some instances, by the Supreme Court on Nov. 9. Although such transactions are fairly common around the globe, in Korea they are rare. The recent ruling did not outright ban LBOs, and needs to be understood in the broader context of LBO transactions. LBOs are takeovers of another company with funds borrowed usin..

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..

The insolvency law in Hong Kong, China is contained in the Companies Ordinance, the Bankruptcy Ordinance and the Companies (Winding-up) Rules. It is based on the law of the United Kingdom, prior to the introduction of the Cork Report. Like the regimes in Australia and New Zealand – also UK-based jurisdictions – it is generally creditor friendly. Out-of-court restructuring, schemes of arrangement..

Overview RuffCo, Inc. (“RuffCo” or the “Company”), a Delaware corporation based in Los Angeles, Calif., designs, manufactures and sells golf clubs. RuffCo was founded in 1978 by Charles Ruff, a local golf professional and renowned trick-shot artist with two children, Charles Junior (known simply as “Son”) and Daughter. Charles Senior (“Father”), who claims an 8 handicap, is now 62 years old and ..

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..

We are one of the leading apparel companies in the United States. We control a portfolio of major men’s and women’s brands, some of which were established over 100 years ago. We design, source, market and license our products nationally and internationally at multiple price points and across all major levels of retail distribution in up to 15,000 doors. Our portfolio of highly recognized brands ..

Do you know why such so many M&As have happened in the world? What's your idea? Easily think of it. If they don't act M&A, then what things happen to them? If their basic idea is not bad, then they can get enough money to operate company. However, they can not give motives that investors invest that company. It means investors would keep at a distance and neglect to invest it. so the price of st..

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,..

A: Wholly foreign owned enterprises are permitted to register in cases where at least half of their annual output is exported or if the nature of their operations relies heavily on advanced technology and the application of this high technology is beneficial to China. Approval to establish a wholly foreign owned enterprise is granted much more sparingly when compared to joint ventures. Like join..

A: Equity joint ventures are the second most common manner in which foreign companies enter the China market and the preferred manner for cooperation where the Chinese government and Chinese businesses are concerned. Joint ventures are usually established to exploit the market knowledge, preferential market treatment, and manufacturing capability of the Chinese side along with the technology, ma..

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..

Article 1 For the purpose of maintaining the order of the securities market, protecting the legitimate rights and interests of investors as well as the public interest, and promoting the sound and stable development of the securities market, these Provisions are formulated in light of such laws and administrative regulations as the Securities Law of the People's Republic of China. Article 2 Chin..

Decision of the Standing Committee of the National People's Congress on Amending the Law of the People's Republic of China on Commercial Banks(Adopted at the 6th Meeting of the Standing Committee of the Tenth National People's Congress on December 27, 2003) At its 6th Meeting, the Standing Committee of the Tenth National People's Congress decided to amend the Law of the People's Republic of Chin..

Law of the People's Republic of China on Funds for Investment in Securities(Adopted at the 5th Meeting of the Standing Committee of the Tenth National People's Congress on October28, 2003)ContentsChapter IGeneral ProvisionsChapter IIFund ManagersChapter IIIFund CustodiansChapter IVRaising of CapitalChapter VTrading of Fund UnitsChapter VISubscription and Redemption of Fund UnitsChapter VIIOperat..

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..

There are many banks in China. Recently most banks already listed in stock market with big value and are preparing for listing. If we consider their potential, they surely deserve to get great evaluation from investors. However, sometimes I feel that their evaluation of Chinese banks is too high to invest. Because they have a lot of non performance liabilities(below called 'NPL') and potential N..

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..