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April 25 - TAB Gida, a Turkish food group, plans to buy Burger King Holdings Inc's (NYSE: BKC) 85 restaurants in China to explore the world's fastest growing fast food market, Turkey's Daily News reported, citing TAB Gida executive director Kurdoglu.
http://www.linkshop.com.cn/web/archives/2012/206033.shtml
April 25 - Bright Food Group Co is in talks with Lion Capital to acquire Britain's Weetabix Cereals for up to ¥10 billion, people familiar with the matter said. Bright Food declined to comment on the issue. Weetabix reported 450 million pounds in revenues and 20.4 million pounds in pretax profits in 2010.
http://www.yicai.com/news/2012/04/1662926.html
April 24 - Aluminum Corporation of China Ltd (NYSE: ACH, SHA: 601600, HKG: 2600), also known as Chalco, said it agreed to pay $308.2 million for a 29.9% stake in Winsway Coking Coal Holdings Ltd (HKG: 1733). The deal will make Chalco Winsway's largest single shareholder.
http://news.chinaventure.com.cn/47/20120424/83782.shtml
April 20 - The New Zealand government has approved the sale of 16 dairy and drystock farms to Chinese development firm, Shanghai Pengxin Group Co, the Wall Street Journal reported. Milk New Zealand Holding Ltd, a wholly-owned subsidiary of Pengxin, will buy the properties, which cover a total 7,892ha of farm land.
http://online.wsj.com/article/SB10001424052702303425504577354610564530368.html?mod=googlenews_wsj
April 18 - D.cn, a Chinese gaming platform for cellphones, received over $20 million in its round B fundraising from SAIF Partners and Qiming Ventures. Founded in 2004, D.cn received angel investment from Silicon Valley and $12 million from Qiming Ventures in its round A fundraising in 2010. It has attracted 56 million cellphone users and its daily game downloads have exceeded seven million.
http://news.chinaventure.com.cn/2/20120418/83245.shtml
$1 = ¥6.3
@2011 China Economy @ The China Perspective.
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