Korea M&A Corporation

By Dan Lonkevich and Edward Klump Feb. 26 (Bloomberg) -- Investors led by Kohlberg Kravis Roberts & Co. and Texas Pacific Group will buy TXU Corp., the largest power producer in Texas, for $45 billion in the biggest- ever leveraged buyout. KKR, run by Henry Kravis and George Roberts, and David Bonderman's Texas Pacific, joined by Goldman Sachs Group Inc., will pay $69.25 for each TXU share, 15 p..

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 (..

BEIJING (XFN-ASIA) - Merger and acquisition deals in China involving foreign acquirers totaled 21.63 bln usd, with deals for retail and consumer-oriented businesses growing sharply with the easing of restrictions on foreign investment in the sector, The Standard reported, citing Thomson Financial. Many Western firms are also attracted to retailers as a play on China's rapidly growing middle clas..

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..

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..

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 ..

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..

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..

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..

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..

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..

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..

Fitch Ratings says Wednesday that increasing government-driven M&A activities in China's steel sector will prolong industry rationalisation and delay the targeted improvement in the overall competitiveness and efficiency of the sector. Although the agency notes that state-managed M&As provide more flexibility and cushion for domestic steel makers to reorganise themselves, Fitch has some doubts a..

Aug. 18, 2006 (China Knowledge) – Wing Lung Bank Ltd., a Hong Kong-based bank, said Wednesday that it would welcome any potential merger or acquisition with “a very open mind”, opening up room for new speculations about whether or not the bank was in any talks with China Construction Bank Corp. (CCB) on a possible stake sale. Hong Kong paper The Standard quoted Chairman Patrick Wu Po-kong as say..

Decree of the Ministry of Commerce, the State-owned Assets Supervision and Administration Commission of the State Council, State Administration of Taxation, State Administration for Industry and Commerce, China Securities Regulatory Commission and State Administration of Foreign Exchange No. 10 (2006) The Interim Provisions for Foreign Investors to Merge Domestic Enterprises has been amended and..

By Eadie Chen and Langi Chiang BEIJING (Reuters) - Business forays into China could become both easier and harder under Commerce Ministry rules covering foreign investment and takeovers published on Wednesday. The regulations give foreign buyers explicit authorization for the first time to pay for stakes in Chinese companies in shares instead of cash, but they also confer broad new powers to blo..

TWO leading Chinese steelmakers plan to form a new company that could become the second-biggest domestic mill by output, in the latest example of consolidation in the fragmented steel industry. Jinan Iron & Steel Group and Laiwu Iron & Steel Group, both in Shandong Province, have agreed to pool assets to create Shandong Iron & Steel Group, Jinan's listed unit said in a filing yesterday. The rest..

HUANG Guangyu, the Chinese mainland's richest individual and owner of Gome Appliance, is eying a merger with rival Suning Appliance Co after acquiring China Paradise last week. But Suning, the second-biggest home appliance chain in China, yesterday responded coldly to Huang's offer, saying it will not accept such a proposal as it is in a strong position and expanding rapidly. "Suning is a listed..

How do we M&A in China? The answer is in this document.

BEIJING (XFN-ASIA) - Standard & Poor's Ratings Services said it expects 2006 to be a record year for mergers and acquisitions (M&A) activity in China. The ratings agency said in a statement that it expects to see larger M&A actions by Chinese companies this year in both the overseas and domestic markets as they attempt to diversify their skills by entering overseas markets or consolidate their d..

July 21 (Bloomberg) -- Softbank Corp. plans to borrow 1.4 trillion yen ($12 billion) in Japan's biggest asset-backed loan to refinance debt used to acquire the local mobile-phone unit of Vodafone Group Plc, people involved in the transaction said. Citigroup Inc., Deutsche Bank AG and Mizuho Financial Group Inc. are leading negotiations to replace a 1.28 trillion yen one- year loan with longer-te..

Korean Game company Paid-in Capital : KWON 4 BLN (USD 4.2 MLN) Private company. Established in middle of 1990th. Game industry. Producted and published 9 games. Revenue/Profit = USD 2MLN/EVEN. 100 employees. Chinese branch. [Breifing] This company was established in middle of 1990th with system integration business. It begin game production business in late of 1990th and has long history in game..

Mergers and Acquisitions in China (2005) Merger and acquisition activity has increased dramatically in China over the last several years. While such transactions were virtually unknown a mere ten years ago, they are now an increasingly common and important feature of China's economic landscape. The M&A route now offers foreign investors a viable method of entering the China market. China's econo..

Wired News and Wired magazine are together again after an eight-year separation. Conde Nast Publications, the corporate owner of seminal San Francisco tech magazine Wired, paid $25 million to acquire the online property Wired News from its parent, Lycos of Waltham, Mass., Lycos said Tuesday. The two entities, which are already housed in the same building on Third Street near San Francisco's Sout..

A special purpose company set up to carry out a management buyout of Skylark Co. has successfully completed a tender offer, moving the restaurant chain toward delisting from the Tokyo Stock Exchange, Skylark said Tuesday.Through the one-month tender offer that ended Monday, the special purpose firm, SNC Investment Co., acquired some 102.6 million shares, or 94.38 percent, of Skylark's outstandin..