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  • November 29, 2014
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  1. P&O prefers Singapore takeover bid

    Posted Jan 27th 2006, 12:00am by Russell Barling

    ... Russell Barling British firm declines Dubai offer as PSA pays 6pc more and agrees to satisfy any regulatory demands Singapore's PSA International yesterday bid GBP3.54 billion ($49.07 billion) for Peninsular and Oriental Steam Navigation (P&O) in ...

  2. Beijing approves new aviation partnerships

    Posted Sep 01st 2006, 12:00am by Charlotte So, Russell Barling

    ... Russell Barling and Charlotte So Decision paves way for Cathay's HK$8b takeover of Dragonair The State Council yesterday approved all elements of Greater China's biggest aviation ... hopes that Cathay Pacific Airways' HK$8.22 billon takeover of Hong Kong Dragon Airlines will be completed this month along with its joint shareholding purchase with Air China. 'Our ...

  3. Dragonair buyout package to be unveiled tomorrow

    Posted Jun 06th 2006, 12:00am by Charlotte So, Russell Barling

    ... a cargo service to the mainland's business capital, its efforts to win government approval to begin passenger services have been repeatedly frustrated. The takeover will also enable Cathay ... threatened by the takeover is China Eastern Airlines, which currently shares the Shanghai route with Dragonair and faces the prospect of stiffer competition from Cathay, a bigger, more sophisticated ...

  4. Dragonair to scrap Bangkok flights

    Posted Sep 08th 2006, 12:00am by Russell Barling

    ... an airline executive said yesterday. Dragonair is on the verge of a HK$8.22 billion takeover from Cathay Pacific, leading to speculation there will be further route rationalisation as the carriers ...

  5. DHL parent details $51b bid for Exel

    Posted Sep 20th 2005, 12:00am by Russell Barling

    ... tabled a GBP3.7 billion ($51.7 billion) takeover bid for Exel, a world leader in the booming field of contract logistics. The bid, which was recommended to shareholders by Exel management, values ... cent, to the postal firm's enlarged share capital. The takeover will create a market leader in most of the major trade transport categories. Exel is the world's biggest forwarder ...

  6. Pudong on radar of HK airport

    Posted Jul 28th 2006, 12:00am by Russell Barling

    ... all-cargo airline based in Shanghai as part of their closer equity partnership resulting from Cathay's proposed takeover of Dragonair. Cathay yesterday said it had not been approached to invest ...

  7. Control tops BAA's agenda in mainland investments

    Posted Mar 31st 2006, 12:00am by Russell Barling

    ... billion ($118.04 billion) takeover bid, the biggest airport acquisition in history, from Grupo Ferrovial, a Spanish infrastructure firm with a market capitalisation of Euro9 billion ($84.32 ...

  8. Air China offers $3b to buy out CNAC

    Posted Jun 23rd 2006, 12:00am by Charlotte So, Russell Barling

    ... Charlotte So and Russell Barling Takeover will boost carrier's stake in Cathay Pacific to 17.5pc The board of Air China yesterday agreed to pay up to $3.22 billion to buy out China National Aviation Co (CNAC) in a move that could see the small-capitalised firm delisted as early as the fourth quarter. Air China said it would pay $2.80 each for the 1.04 billion shares or 31.6 ...

  9. Airlines industry starting to encounter some clearer skies

    Posted Nov 24th 2006, 12:00am by Russell Barling

    ... Russell Barling The news that Qantas Airways is the target of a takeover bid from a consortium led by Macquarie Bank and the Texas Pacific Group is a clear indication airlines, especially those in the Asia-Pacific region, are again being seen as attractive investments. The skyrocketing price of aviation fuel may have decimated the bottom lines of many airlines in recent years ...

  10. Carriers extend code-share to 2 cities

    Posted Apr 20th 2005, 12:00am by Russell Barling

    ... A senior source at Swire Group last month said Dragonair was the target of a takeover bid by minority shareholder Cathay Pacific. The move was thought to be the first step in a possible larger ...




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