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  1. Private equity firms eye 25pc stake in SMIC

    Posted Apr 16th 2007, 12:00am by Staff Reporter

    ... close of the deal, which was originally the end of this month, in the hopes of attracting stronger interest from funds such as TPG-Newbridge and Blackstone Group, bidders he prefers. 'They ... of the savviest technology investors.' TPG was part of a consortium that took up a 10 per cent stake in Lenovo Group, the third-largest personal computer maker in the world, for US$350 million two ...

  2. China Comservice seeks to raise HK$1.94b from share sale

    Posted Mar 29th 2008, 12:00am by Staff Reporter

    ... Security Fund, the document shows. China International Capital Corp is the bookrunner. Cisco, which owns a 10.82 per cent stake in the company, teamed up with IBM Corp and Blackstone Group ... equity house Blackstone had signed a three-month lock-up agreement, market sources said. The proceeds will go towards asset acquisitions, capital expenditure and general operating purposes, ...

  3. Business - Economy

    Trade-off between productivity gains and job losses isn't so simple

    Posted Feb 19th 2014, 02:06pm by PATRICK LOW

    ... Patrick Low While some have blamed recent job losses on productivity gains, spurning innovation is a recipe for slower growth and even decline High cost of job protection A popular view these days is that robots and labour-saving technologies are destroying jobs and creating a growing group of disillusioned people who harbour a deepening sense of alienation from society. If true, ...

  4. Tom Group looking to bounce back into profit

    Posted Mar 27th 2012, 12:00am

    ... Bien Perez bien.perez@scmp.com Hong Kong-listed Tom Group is betting on its rapidly growing e-commerce joint venture with China Post, the mainland's expanding mobile internet market ... and the effort we've put in,' said chief executive Ken Yeung Kwok-mung (pictured). 'We believe the group is re-entering a growth period.' Despite that upbeat forecast, the Li ...

  5. Business - Companies - TECHNOLOGY

    Ex-Apple CEO Sculley mulling BlackBerry bid

    Posted Oct 24th 2013, 12:02pm by Reuters in Toronto

    ... the quotes. A BlackBerry spokeswoman said in an email the company did not plan to comment on its strategic review until it approves a specific deal or otherwise concludes the process. A group led ...

  6. Business - Companies

    Lenovo bid for BlackBerry could collapse under pressure

    Posted Oct 18th 2013, 03:45pm by Reuters in Beijing

    ... technology group has gained access to the books of the Canadian smartphone seller, which is already considering a US$4.7 billion approach from shareholder Fairfax Financial Holdings. If it chose ... sensible might be to rename its own decent mid-range phones with BlackBerry’s brand, and push them to the Canadian group’s existing vendors. Security is the stickiest point. Lenovo isn’t ...

  7. Business - Companies - Google

    Google shares soar past US$1,000 on strong earnings

    Posted Oct 19th 2013, 03:25pm by Agence France-Presse in New York

    ... Page told analysts. Pivotal Research Group warned of eventual erosion of the company’s still-healthy margins, but added: “Longer term, we remain optimistic about Google’s continued success ...

  8. Lenovo Group switches on to smart TV

    Posted Nov 15th 2011, 12:00am

    ... Lenovo Group, the world's second-largest supplier of personal computers, plans to start its foray into the so-called 'smart TV' market on the mainland. 'It is our plan ... ambitions in the smart TV field after signing a strategic deal with Shanghai Oriental Media Group (SMG) and its Shanghai Radio & Television Station unit to co-operate in mobile internet video ...

  9. Group-buying websites going out of business

    Posted Oct 14th 2011, 12:00am

    ... Mandy Zuo mandy.zuo@scmp.com More than 700 group-buying websites have shut down on the mainland in the past two months. A recent report by tuan800.com, which specialises in group-buying website navigation, said more than 300 closed in August, while statistics from another group-buying aggregator, lingtuan.com, showed another 419 went out of business last month. It said 5,700 ...

  10. Alibaba Group gets US$1.6b investment

    Posted Sep 24th 2011, 12:00am

    ... Bien Perez bien.perez@scmp.com In a deal that may well sweep aside recent speculation about a public listing, Alibaba Group received a US$1.6 billion tender offer for shares from an investor group led by DST Global, Silver Lake and Chinese private equity firm Yunfeng Capital. According to a person familiar with the transaction, Alibaba shareholders, which include ...




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