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  • September 17, 2014
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  1. Takeover hopes give Kingway 23.5pc boost

    Posted Sep 05th 2008, 12:00am by Kandy Wong

    ... Kandy Wong Shares of Kingway Brewery Holdings surged 23.53 per cent yesterday as investors shrugged off the company's first-half loss and instead bet it could be another big takeover ... soft-drinks giant Coca-Cola announced its HK$19.65 billion offer for China Huiyuan Juice Group. 'It's not surprising to see investors bet on more takeovers deals,' said a beverage stock ...

  2. Takeover expenses cut back Harbin Brewery's earnings

    Posted Sep 22nd 2004, 12:00am by Staff Reporter

    ... Winston Yau Strong domestic sales boost turnover Harbin Brewery's first-half earnings plunged 68.67 per cent after a one-off administrative expense related to its takeover ... advisers and lawyers to guide its acquisition by the world's largest brewer in June. Anheuser beat SABMiller in an unprecedented takeover battle for a Chinese firm, with both seeking a firmer ...

  3. Gome Electrical in takeover attempt

    Posted Jan 18th 2005, 12:00am by Staff Reporter

    ... Hui Yuk-min Main board-listed Gome Electrical Appliance, China's largest home electrical appliance retailer, is attempting to acquire total control of the retail chain. 'We're actively progressing with the [acquisition] plan. We have applie ...

  4. A banking tale of tortoise and hare

    Posted Mar 04th 2010, 12:00am by Tom Holland

    ... cartel. Flush with cash, its boss at the time, the redoubtable Willie Purves, was plotting his move into the global big time with the takeover of Britain's ailing Midland Bank. In contrast, Standard Chartered was so accident-prone, it had become known among financiers as the banana skin bank. A perennial takeover target following a string of poor business decisions, Standard Chartered ...

  5. In Brief

    Posted Aug 18th 2003, 12:00am by Staff Reporter

    ... for a water plant in Britain, according to the Sunday Times. The consortium is reportedly the front runner for the takeover of French firm Bouygues' South East Water plant. Guorun returns ...

  6. China Gas set to take over rival Zhongyu

    Posted Jan 19th 2010, 12:00am by Eric Ng

    ... The stake to be acquired is expected to exceed the 30 per cent threshold under the Hong Kong Code on Takeovers and Mergers, which means China Gas will have to offer to buy out all other Zhongyu ... the takeover code. Zhongyu builds gas pipelines and sells piped gas to industrial and residential users. It also sells compressed natural gas to vehicle owners through filling stations. It secured ...

  7. In Brief

    Posted Jul 15th 2005, 12:00am by Staff Reporter

    ... or $11,700 to 15,400 per square foot. as watson takeover of merchant accepted AS Watson yesterday said its GBP221.9 million ($3.03 billion) takeover of the Merchant Retail Group has succeeded after ...

  8. Acquisition of IBM unit puts Lenovo into negative equity

    Posted Jan 08th 2005, 12:00am by Staff Reporter

    ... Before the takeover, Lenovo's book value showed net assets of $4.89 billion Some analysts were reminded of PCCW's highly leveraged takeover of Cable & Wireless HKT four years ago, ...

  9. Haitong paying US$454m for control of Taifook

    Posted Nov 17th 2009, 12:00am by Amanda Lee

    ... shares have been suspended from trading on the Shanghai and Hong Kong stock exchanges as a result of the takeover discussions. Analysts said NWS, a controlling shareholder of Taifook, would ...

  10. CKI looking for more overseas infrastructure acquisitions

    Posted Nov 02nd 2010, 12:00am by Toh Han Shih

    ... Toh Han Shih Cheung Kong Infrastructure Holdings (CKI), controlled by Li Ka-shing, is seeking more acquisitions after completing its largest takeover. On Friday, CKI and three other organisations controlled by Li completed their GBP5.78 billion (HK$71.82 billion) acquisition of the British electricity networks of EDF Energy, a unit of the French state-controlled energy conglomerate ...




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