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  • September 23, 2014
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  1. Maritime Museum does not seek complete takeover of Star Ferry pier

    Posted Apr 25th 2010, 12:00am by Staff Reporter

    ... May I correct some misleading points in your story on the future of the Hong Kong Maritime Museum (HKMM)('Museum eyes Star Ferry Pier site', April 22). First, Mr Winston Chu Ka-sun does not seem to have understood that one-third of Pier 8 will r ...

  2. Unicom CDMA users dip as takeover looms

    Posted Sep 20th 2008, 12:00am by Staff Reporter

    ... Frederick Yeung China Unicom, the country's smaller mobile operator, recorded the second consecutive month of decline in subscribers for its CDMA mobile service in August. The company will transfer the business to fixed-line operator China Telecom ne ...

  3. Prudential's HK debut may see little splash

    Posted May 24th 2010, 12:00am by Naomi Rovnick

    ... But while it needs local investors' cash to fund its US$35.5 billion takeover of Asian life insurer AIA, analysts predicted Hong Kong money managers would give the British insurer's shares ... on June 7, are already on a knife edge, with a growing chorus of investors speaking out against the takeover. Meanwhile AIG, AIA's US-government owned parent, is dusting off old plans ...

  4. Rising rates shift focus to mergers

    Posted Jun 23rd 2005, 12:00am by Staff Reporter

    ... Kelvin Wong The higher cost of funds could trigger a new cycle of consolidation, analysts say The higher cost of funds may once again leave smaller banks vulnerable to takeover bids from ... in the banking industry and higher fund costs is a catalyst for this discussion to go on,' Mr Chan said. Nevertheless, whether a new takeover wave is just around the corner will depend on other ...

  5. Prudential will woo HK investors

    Posted Mar 09th 2010, 12:00am by Naomi Rovnick

    ... Naomi Rovnick British insurer Prudential wants to list its shares in Hong Kong, in a convoluted plan to bolster take-up of the US$20 billion rights issue it has launched to fund takeover ... that could go very wrong.' In a note published yesterday, credit ratings agency Moody's said there were 'significant execution and integration risks' attached to the takeover ...

  6. Jiangsu Shagang acquires 45pc of Australian miner

    Posted Sep 26th 2008, 12:00am by Carol Chan

    ... just completed an A$1.36 billion takeover of Perth-based iron ore miner Midwest Corp and may launch another takeover for Murchison Metals after it won Australian government approval to buy ...

  7. Game theory

    Posted May 30th 2010, 12:00am by Daniel Jeffreys

    ... had decided he did not want to honour the price he had promised me. Because Arnault offered more.' After the takeover, Biver was ready to walk, until Arnault 'promised me total freedom if I acted like an entrepreneur'. Since the LVMH takeover, Biver has boosted Hublot's revenues tenfold and the company's workforce has quadrupled. The latest growth spurt ...

  8. Lenovo stock dumped on news of IBM's US$1b loss

    Posted Jan 01st 2005, 12:00am by Georgina Lee

    ... Georgina Lee More fuel for sceptics that the China firm's purchase was a backward move The wisdom of Lenovo Group's US$1.75 billion takeover of IBM's personal computer unit ... gained. The takeover, expected to be completed in June, will give Lenovo 10,000 more employees globally. The combined entity will make Lenovo the world's third-largest computer maker behind ...

  9. Alibaba buys US tech firm Auctiva

    Posted Aug 26th 2010, 12:00am by Staff Reporter

    ... Bien Perez Alibaba.com, the world's largest business-to-business e-commerce services provider, has completed an acquisition of online software tools developer Auctiva, its second takeover in the United States this year. The acquisition is part of a US$100 million investment plan Alibaba announced in April and follows its purchase of e-commerce software firm Vendio Services ...

  10. Bossini shares slide after sale falls through

    Posted Jul 31st 2009, 12:00am by Enoch Yiu

    ... in the first two days of the week on news controlling shareholder and chairman Law Ka-sing was selling his stake, which could have triggered a mandatory takeover offer. Names floated as possible buyers ...




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