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  1. Business - China Business

    Machinery makers eye German takeovers

    Posted Apr 22nd 2013, 12:00am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Mainland firms seek to gain technological edge with acquisitions in hard-hit EU member Machinery makers eye German takeovers Chinese machinery companies are increasingly seeking to acquire German machinery firms, but face challenges, analysts say. "I expect a slow but steady growth of Chinese acquisitions in Germany," said Bernd Uwe Stucken, ...

  2. Club must open up international trial races to lure foreign champs

    Posted Sep 24th 2008, 12:00am by Murray Bell

    ... The visit by Takeover Target in 2006 may have ended up with drug-related headlines and some ill-feeling on the part of trainer Joe Janiak, but during his stay the iconic Australian horseman may have sowed the seeds of significant change for our international races. At the time, Takeover Target was a runaway leader on the Global Sprint Challenge scorecard and he was being ...

  3. More loans, more provisions

    Posted Sep 04th 2004, 12:00am by Staff Reporter

    ... staff Asia Financial Holdings executive director Bernard Chan says he is confident that the company's ties with UFJ Holdings will be maintained despite a takeover bid for the Japanese firm. He was announcing bumper profits for his bank yesterday. Profit for the first half rose to $93.6 million after a 130 per cent increase in provisions to $17.7 million, which reflected ...

  4. Station chief Stephen Chan backs broadcaster's takeover

    Posted Jan 28th 2011, 12:00am by Adrian Wan

    ... a more global media group and said the takeover would not cause any change in programme direction and marketing strategy. But many people remained unconvinced last night and raised concerns over ...

  5. Li & Fung expands in US with takeover of Oxford Apparel

    Posted Nov 24th 2010, 12:00am by Denise Tsang

    ... Trading firm Li & Fung has agreed to take over American branded goods producer Oxford Apparel in a US$121.7 million deal, which will enlarge the group's portfolio in the United States. Li & Fung executive director Bruce Rockowitz said yesterd ...

  6. Primus sues Eon to block bank takeover

    Posted Sep 20th 2010, 12:00am by Naomi Rovnick

    ... a takeover of the lender that will cause it to lose money on its investment. In a trial that begins in Kuala Lumpur today, Primus plans to say Eon's management board had agreed to sell ... is not a defendant in the lawsuit. Primus paid M$9.50 a share for a 20.2 per cent stake in Eon in February 2008, in a deal which then valued Eon at M$6.7 billion. In agreeing to the takeover, Rin and Tiong ...

  7. Chainrai's second Portsmouth takeover signed

    Posted Aug 15th 2010, 12:00am by John Carney

    ... that his takeover was signed and sealed. 'On Friday I signed the sale and purchase agreement in London, and we have exchanged contracts with the administrators to buy the club,' Chainrai ... money. Asian money has already made an impact this season in English soccer. A consortium headed by the owner of Thailand's King Power Group completed a takeover of another English ...

  8. AIA staff weigh future on takeover delay

    Posted May 06th 2010, 12:00am by Naomi Rovnick

    ... takeover of its Asian rival after a surprise intervention by the British financial regulator. Prudential was set to launch a US$21 billion rights issue to pay for the AIA bid yesterday. ... investors to back. Capital Group, Prudential's largest shareholder, is reportedly not in favour of the takeover. A Capital spokesman declined to comment. And while Prudential insisted ...

  9. Club takeover will take time, McMahon says

    Posted Aug 06th 2010, 12:00am by Staff Reporter

    ... Chan Kin-wa The sale of Liverpool is unlikely to be sorted out before the transfer window closes at the end of the month, former England international and Anfield favourite Steve McMahon says. McMahon (pictured), who is in town to promote ESPN's cove ...

  10. CR Gas surges 10pc on news of takeover plan

    Posted Nov 27th 2009, 12:00am by Denise Tsang

    ... Denise Tsang Shares of utilities China Resources Gas Group and Zhengzhou Gas had mixed performances yesterday on news of a takeover plan. Piped-gas supplier CR Gas jumped 76 HK cents ... takeover is the latest acquisition by CR Gas, the utility flagship of state-owned conglomerate China Resources (Holdings), which bought a portfolio of gas projects from its parent in August last ...




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