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  1. 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 ...

  2. 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 ...

  3. Overseas takeovers may lead to backlash, CNOOC warns

    Posted Aug 27th 2009, 12:00am by Eric Ng

    ... Eric Ng Large-scale takeovers of overseas firms by mainland oil companies risk sparking a political backlash abroad, CNOOC chairman Fu Chengyu warned yesterday. Mr Fu said the prolonged ... scale outright takeovers of overseas companies are not possible... rather, co-operation can achieve win-win deals.' He attributed his caution largely to CNOOC's failed US$18.5 billion ...

  4. Unicom denies link to takeover of Nigeria's state telecoms group

    Posted Feb 23rd 2010, 12:00am by Staff Reporter

    ... Bien Perez China Unicom yesterday tried to clear up the confusion surrounding the company being named as part of a consortium that made a successful US$2.5 billion bid for Nigeria's former telecommunications monopoly. In a filing to the Hong Kong sto ...

  5. French firm completes takeover of Hong Kong Tramways

    Posted Feb 18th 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu The French company that bought a 50 per cent stake in the century-old Hong Kong Tramways last year has exercised its right to buy the remainder from Wharf Holdings. Veolia Transport China, a subsidiary of Veolia Environment, and Wharf Transport ...

  6. Hummer takeover may run into opposition from Beijing

    Posted Jun 04th 2009, 12:00am by Kandy Wong

    ... Kandy Wong A Chinese takeover of General Motors Corp's Hummer brand, the quintessential United States gas guzzler, is expected to run into opposition from Beijing officials pushing a more green line for the country's vehicle industry. The move by privately owned Sichuan Tengzhong Heavy Industrial Machinery to acquire the rights to the marque has raised concerns it does ...

  7. China Railway takeover bid gets warm response from Australia's RMA

    Posted Aug 12th 2009, 12:00am by Toh Han Shih

    ... Toh Han Shih Tensions between China and Australia over the arrest of Rio Tinto executives for alleged spying have not thwarted other commercial transactions. Australian mining firm RMA Energy yesterday expressed enthusiasm for a proposal by China Railway ...

  8. 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 ...

  9. Shares in Panzhihua Steel units surge on takeover expectations

    Posted Aug 16th 2008, 12:00am by Carol Chan

    ... Carol Chan The shares of Panzhihua Iron & Steel Group's three Shenzhen-listed units jumped their 10 per cent daily limit yesterday on speculation Anshan Iron & Steel Group is planning a takeover after revealing that it has bought at least 1.33 billion yuan (HK$1.51 billion) worth of shares in the companies. Liaoning-based Anshan Steel, the parent of listed Angang Steel, ...

  10. Shougang Concord in media takeover

    Posted Nov 23rd 2004, 12:00am by Enoch Yiu

    ... Enoch Yiu Shougang Concord Grand (Group), a property investment company in which Li Ka-shing has a stake, yesterday made a $136 million offer to take over a loss-making media firm majority owned by former Securities and Futures Commission chairman Anthony ...




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