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  • July 26, 2014
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  1. Credit Suisse rules out 'mega acquisition' of UBS

    Posted Sep 22nd 2008, 12:00am by Enoch Yiu

    ... global chief executive of Credit Suisse, said the group had no interest in making such a 'mega acquisition'. The share price of UBS leapt more than 10 per cent last week on market talk ... will expand organically and look at small acquisitions but not such mega acquisitions. We have a presence in Switzerland and the global markets already so I do not see that we need a major ...

  2. 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 ...

  3. China moves slow Citic acquisitions

    Posted May 11th 2004, 12:00am by Denise Tsang

    ... in question was the planned $3.5 billion acquisition of a 95 per cent interest in the Huangshi steel mill, a unit of A share Daye Special Steel, he said. 'The measures have not affected the operation of our projects,' Mr Fan said after the company's annual shareholders meeting yesterday. 'But they have slowed acquisition negotiations.' He added that Citic remained ...

  4. Novell acquisition signals Asia push

    Posted Nov 11th 2003, 12:00am by Danyll Wills

    ... effectively compete against Microsoft's Windows operating system, from desktop to server. Utah-based Novell expects to complete its acquisition of SuSE Linux by January, with the transaction ... as well as everything else SuSE has been doing.' The acquisition of SuSE Linux represents an important step in Novell's efforts to accelerate the adoption of Linux by enterprises, large ...

  5. Wugang acquisition given green light

    Posted Jan 04th 2005, 12:00am by Eric Ng

    ... by the State-owned Assets Supervision and Administration Commission, Xinhua reported. The transaction price was not disclosed nor have reports specified whether the acquisition will be undertaken ... and Steel. Acquisition of these firms would bring Wugang's capacity to 20 million tonnes a year, according mainland media reports. Anshan, meanwhile, is in talks with the nation's ...

  6. Lenovo clears final hurdle in IBM acquisition

    Posted Mar 10th 2005, 12:00am by Michael Logan

    ... Michael Logan US committee approves US$1.75b deal after investigation into security matters A United States government committee has approved IBM's sale of its personal computer business to Beijing-based Lenovo Group, concluding an investigation into ...

  7. Stanley Ho succession plans in place

    Posted Dec 16th 2010, 12:00am by Staff Reporter

    ... Neil Gough Recent moves by 89-year-old casino magnate Stanley Ho Hung-sun to partly divide his estate among his three surviving wives and 16 surviving children appear to have reassured investors that succession plans are in place at Shun Tak Holdings and ...

  8. Tianjin Port upbeat despite HK$48m loss

    Posted Apr 09th 2010, 12:00am by Toh Han Shih

    ... chairman Yu Rumin said. Other factors contributing to the net loss last year included expenses of HK$65 million related to its HK$10.96 billion acquisition of 56.81 per cent of its Shanghai-listed ... said, without elaborating. In February, Tianjin Port Development completed its acquisition of the 56.81 per cent stake in Tianjin Port Co from their common parent, Tianjin Development Holdings, ...

  9. Kai Yuan strikes it rich but lands in steel war

    Posted Apr 02nd 2010, 12:00am by Naomi Rovnick

    ... Naomi Rovnick and Daniel Ren in Shanghai Kai Yuan Holdings' latest gambit to turn a profit could be its worst venture yet, now that it finds itself embroiled not only in the Rio Tinto trial, but in a high-stakes battle for control of the mainland ste ...

  10. Costly Evergrande site remains undeveloped

    Posted Aug 31st 2009, 12:00am by Sandy Li

    ... Sandy Li in Guangzhou The landscape in Yuancun- an urban slum in Guangzhou's city centre in Tianhe district- should have been transformed dramatically by now. In January last year, Guangzhou property giant Evergrande Real Estate won the Yuancun site, ...




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