Don't have an account yet? Get FREE 7-Day Trial
November 2 – Shandong Blue Sail Plastic & Rubber Co (SHE: 002382) said it plans to spend up to $2.5 million acquiring Omni International LLC, a Colorado-based maker of disposable gloves for medical and industrial purposes.
http://www.yicai.com/news/2011/11/1174252.html
November 1 – Fujian New Huadu Supercenter Co (SHE: 002264), a supermarket chain, said it plans to spend ¥125 million purchasing six stores in Zhejiang province, which are operated by E-Mart, South Korea's largest retailer.
http://www.linkshop.com.cn/web/archives/2011/182967.shtml
November 1 – China Investment Corp, the nation's sovereign wealth fund, has sealed a deal to acquire $4 billion worth of assets from France-based GDF Suez SA, Europe's largest liquefied natural gas importer, for regional cooperation in Asia Pacific. CIC will spend $3.18 billion purchasing 22.5% of GDF Suez's exploitation and production unit and increase the stake to 30% through an equity boost.
http://cn.reuters.com/article/chinaNews/idCNCHINA-5147420111101
November 1 – Huawei Technologies Co, the world's second largest telecommunications device manufacturer, is seeking acquisitions or alliances with companies specializing in cloud computing, chief technical officer Li Sanqi told Reuters.
http://cn.reuters.com/article/chinaNews/idCNCHINA-5147920111101
November 1 – Calgary coal producer Grande Cache Coal Corp said it agreed to be acquired for $1 billion by China's Winsway Coking Coal Holdings Ltd and Japan's Marubeni Corp, Bloomberg reported.
http://www.yicai.com/news/2011/10/1170787.html
October 31 – Tianjin Lisheng Pharmaceutical Co (SHE: 002393) said it plans to spend ¥501.07 million taking over Tianjin CentralPharm Co to solidify its competitiveness in chemical drug manufacturing.
http://www.yicai.com/news/2011/10/1169438.html
October 31 – Yuexiu Transport Infrastructure Ltd (HKG: 1052), a Highway operator based in Guangdong province, said it agreed to pay ¥1.06 billion for a 100% stake in Henan Ruibeika Industrial Co, which operates the Weixu Expressway in Henan province. The 64km Weixu Expressway is a key section of the highway connecting Nanyang, Henan to Rizhao, Shandong.
http://cn.wsj.com/gb/20111031/BCHc-004839.asp
October 28 – There were 106 investments in China's social networking service sites from 2005 through the end of June 2011, according to the consultancy Zero2IPO. Of the 106 transactions, 74 were disclosed and involved a total of $1.1 billion, or an average of $14.84 million per transaction.
http://www.yicai.com/news/2011/10/1168528.html
$1 = ¥6.35
@2011 China Economy @ The China Perspective.
HOME
