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  • April 17, 2014
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  1. Expanding CRE says it expects to make two acquisitions this year

    Posted May 29th 2010, 12:00am by Kandy Wong

    ... Kandy Wong Red chip China Resources Enterprise (CRE) intends to expand in the retailing sector through acquisitions, but it will take a more cautious approach as deal prices are higher now than last year. Deputy managing director and chief financial officer Frank Lai Nihium said yesterday after the company's annual general meeting that up to seven acquisition targets were ...

  2. Lenovo shares post 26.6pc jump on talk of major Brazilian acquisition

    Posted Dec 11th 2008, 12:00am by Staff Reporter

    ... as saying that the Sao Paolo-listed firm had been approached by potential buyers. Targeting Positivo might fit certain Lenovo criteria when pursuing an acquisition, including a company that had ... to accelerate growth and continue investing in emerging markets, while chief executive William Amelio said management was open to another acquisition. Lenovo bought International Business Machines ...

  3. Internet media mogul plots acquisition spree

    Posted Dec 15th 2008, 12:00am by Staff Reporter

    ... and the subsequent internet assets he acquired to bolster the HSN Online stable that was to become IAC/InterActive Corp in 2003. He has since led IAC to a series of acquisitions in internet firms, including ... on a pile of cash which he intends to use for a 'cascade' of acquisitions at bargain prices as the economic crisis deepens. At the recent Reuters Media Summit in New York, Mr Diller said ...

  4. Telecoms giants poised for acquisitions frenzy

    Posted Aug 18th 2008, 12:00am by Staff Reporter

    ... Tim LeeMaster The mainland's largest telecommunications companies are poised to embark on a multibillion-dollar global acquisition trail once they complete an industrywide ... carrier in Pakistan. Earlier, it failed in a bid for Pakistan Telecommunications, the country's largest telephone company. India's Reliance Communications pulled out of an acquisition ...

  5. CVC unit aims to seal three mainland acquisitions this year

    Posted Jul 07th 2008, 12:00am by Staff Reporter

    ... on the mainland. Mr Wei said the firm also intended to pursue overseas mergers and acquisitions with mainland partners. That is another approach that has so far failed to bear fruit. The Blackstone ...

  6. Xinao Gas slows pace of acquisitions

    Posted Apr 21st 2005, 12:00am by Denise Tsang

    ... Denise Tsang Mainland piped-gas supplier will only seal six projects this year as the best ones have already been snapped up Xinao Gas Holdings, one of the mainland's largest privately owned piped-gas suppliers, expects to slow the pace of its acquisitions now that the dust of a fierce battle for projects has settled. Announcing a 37.77 per cent jump in attributable ...

  7. China Netcom assesses value of acquisition targets

    Posted May 25th 2005, 12:00am by Georgina Lee

    ... China Netcom Group Corp (Hong Kong) has appointed three investment banks - China International Capital, Citigroup and Goldman Sachs - to value the four provincial telecommunications networks it intends to acquire from its parent, China Network Communicati ...

  8. Citic Pacific launches push for acquisitions

    Posted Aug 28th 2003, 12:00am by Ben Kwok

    ... Citic Pacific will embark on an acquisition trail worth billions of dollars in a bid to offset its profit shortfall next year, according to group managing director Henry Fan Hung-ling. Mr Fan said yesterday the firm would actively invest in four core areas, led by telecommunications, in China and hoped to finalise a few deals this year. 'We have a war chest of $26 billion, ...

  9. Acquisitions expected to add strength to HSBC's interims

    Posted Aug 04th 2003, 12:00am by Christine Chan

    ... Amro's head of Asian Banks Research Andrew Leeming said the HI acquisition would bring a much needed lift to the bank's underlying profitability in the near term at the expense of higher ...

  10. HSBC acquires Indonesian bank for US$607.5m

    Posted Oct 21st 2008, 12:00am by Staff Reporter

    ... Maria Chan While other major banks are shrinking, and even failing, HSBC Holdings is on the acquisition trail. Britain's largest lender said yesterday it had agreed to pay US$607.5 million in cash for 88.89 per cent of Bank Ekonomi Raharja, HSBC's first bank acquisition in Indonesia. The purchase would enhance HSBC's commercial banking business in Indonesia, extend ...




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