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  1. Business - Companies - REGULATION

    US national-security clearance of Softbank-Sprint deal hits Huawei

    Posted May 31st 2013, 12:00am by BLOOM

    ... Bloomberg in Washington US clearance of Softbank's Sprint deal hits Huawei The US national security clearance of SoftBank Corp's US$20.1 billion acquisition of Sprint Nextel Corp imposes the first restrictions on a third-party supplier over claims of Chinese spying. Tokyo-based SoftBank and Sprint on Wednesday said they had been notified their proposed deal was cleared ...

  2. Business - Companies - ACQUISITIONS

    Shuanghui Intl's Smithfield purchase may raise US hackles

    Posted May 30th 2013, 12:00am by Reuters

    ... meat-packing plant in Smithfield, Virginia, rose as high as US$33.96 on Wednesday. It is still possible that counterbids could emerge. Smithfield was in talks with two parties about a potential bid ... to bid for Smithfield when Shuanghui struck its deal, Neither CP Foods or JBS could be reached for comment. Smithfield has 30 days to continue talks with the two parties, but cannot solicit bids ...

  3. Business - Companies - TECHNOLOGY

    Lenovo-IBM server talks reach impasse

    Posted May 03rd 2013, 12:00am by BIEN PEREZ

    ... said. Alberto Moel, a senior analyst at Bernstein Research, said if the two parties broke their deadlock over price, the deal would be Lenovo's biggest acquisition since it bought ... that the company was negotiating with "a third party in connection with a potential acquisition". Research firm IDC said IBM ranked third behind Hewlett-Packard and Dell in the global x86 server ...

  4. Kiss goodbye to $40b but save crown jewels with honest rail merger

    Posted Oct 18th 2004, 12:00am by Jake Van Der Kamp

    ... sites. They are Diamond Hill, most of the old Kai Tak airport, all of the Tamar reclamation and the three remaining big plots of land in West Kowloon. These are our crown jewels. Give them away ... for a property angle any longer. We can keep our crown jewels. The lower depreciation charges will allow the newly merged railway system to stand on its own two feet at last without subsidy from us. We ...

  5. Macau boutique hotel is newest jewel in Stanley Ho's crown

    Posted Nov 21st 2004, 12:00am by Freda Wan

    ... Freda Wan Stanley Ho Hung-sun has acquired the Pousada de Sao Tiago, sources in the hotel industry said, in a move that would cement the casino tycoon's dominance of Macau's luxury hotel business. The Portuguese fortress turned boutique hotel wa ...

  6. Business - Banking & Finance - DEALS

    D-day for HSBC's sale of stake in Ping An

    Posted Feb 01st 2013, 12:00am by Ray Chan

    ... said it was acting entirely on its own and "not in concert with, or on behalf of, any third party", after media reports about Xiao's participation. According to people familiar ... to this deal. Companies are allowed to buy a stake in a mainland insurer only with their own money, not through bank loans or other third-party financing. However, one of the sources said China ...

  7. Dandy & Dapper

    Posted Dec 05th 2010, 12:00am by Staff Reporter

    ... be wearing you, not the other way around. Stick to standard luxuries by knowledgeable shirtmakers such as Ascot Chang (HK$2,085 for 170s; HK$3,040 for 200s; Prince's Building, Central, tel: 2523 ...

  8. Business - Commodities - ACQUISITION

    Key LME broker vows to stay on after HKEx deal

    Posted Dec 03rd 2012, 12:00am by Enoch Yiu

    ... Britain's Financial Services Authority granted regulatory approval for the takeover on Thursday. Prentice said the deal benefits both parties, since it allows the HKEx to diversify into commodities ...

  9. Business - Companies - MEDIA

    Next Media looks to future after sale

    Posted Nov 29th 2012, 12:00am by BIEN PEREZ

    ... investors and comply with Taiwan's regulatory requirements. "For the record, there were multiple parties who wanted to take part in the deal," said Simon. "Basically, the buyers ...

  10. News - China - DEALS

    HK$4.7b deal to sell Jimmy Lai's Taiwan unit postponed

    Posted Nov 18th 2012, 12:00am by Lawrence Chung

    ... Tsai Eng-meng is part of the consortium of buyers. "Lai has asked for the payment to be made in one go, but the Taiwanese parties have insisted that it should be made in instalments ...




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