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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. 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 ...

  3. Biggest takeover plan on mainland, by Coca-Cola

    Posted Sep 04th 2008, 12:00am by Staff Reporter

    ... Jasmine Wang Coca-Cola yesterday offered to buy China Huiyuan Juice Group, the mainland's top pure juice maker, for HK$19.65 billion in what would be the biggest corporate takeover ... co-operation, warned the deal may face regulatory obstacles. 'First of all, this is a takeover deal, unlike previous acquisitions of partial stakes,' Mr Mei said. 'Second, Huiyuan ...

  4. Huiyuan shares fall on deal doubts

    Posted Sep 05th 2008, 12:00am by Staff Reporter

    ... Jasmine Wang and Adam Chen in Beijing Stock retreats 7.7pc as Coca-Cola takeover faces competition laws and government nod Shares in China Huiyuan Juice Group fell yesterday as doubts emerged over the regulatory approval for Coca-Cola's HK$19.65 billion takeover offer, the largest on the mainland. Huiyuan, the country's top pure juice maker, dropped as much as 9.05 ...

  5. Business - China Business - COURTS

    Wanxiang gets green light to buy A123's assets

    Posted Dec 13th 2012, 12:00am by Bloomberg

    ... a takeover may give a foreigner control of a US company. Wanxiang, China's biggest car-parts maker, will acquire substantially all of A123's assets, including its car, grid and commercial ...

  6. Mainland car producers not eager to buy Volvo

    Posted Feb 06th 2009, 12:00am by Kandy Wong

    ... Kandy Wong Mainland carmakers, accused of making some of the world's most unsafe vehicles, have denied they are close to launching a takeover of Volvo, long considered the icon of car safety. While acquiring the producer of the world's safest cars may be attractive to mainland carmakers, now is not the time to launch risky overseas takeovers, they say. At least three ...

  7. Office rents could dive 15pc as part of fallout

    Posted Sep 17th 2008, 12:00am by Peggy Sito, Yvonne Liu

    ... takeover of Merrill Lynch would have limited impact on his company's rental business because the two US banks had few overlapping activities in Hong Kong. 'Bank of America doesn't have investment banking and asset management services here in the city, thus the risk of personnel and office space redundancy should be much lower than the [JP Morgan takeover of] Bear ...

  8. Norsk Hydro withdraws offer for Asia Aluminum

    Posted Jun 24th 2009, 12:00am by Naomi Rovnick

    ... Naomi Rovnick Norwegian aluminium giant Norsk Hydro has dropped its rescue offer for troubled mainland firm Asia Aluminum Holdings after just five days. Norsk Hydro launched the putative takeover offer for Asia Aluminum last Friday. The mainland firm is in provisional liquidation and owes US$985 billion to its western lenders before interest payments. It is understood government ...

  9. Household returns and exchange rate gains offset global downturn

    Posted Aug 05th 2003, 12:00am by Staff Reporter

    ... as it braved falling interest rates and the global economic downturn. The US$14.8 billion March takeover of Household International - a United States-based consumer finance company catering to people ... dismissed the takeover as a dangerous departure from HSBC's traditional strategies of 'sound and conservative banking' and sticking to cheap acquisition targets in familiar markets ...

  10. Mainland adopts new law on bankruptcy

    Posted Aug 28th 2006, 12:00am by Paul Moon, Paul Mooney

    ... for either a trusteeship or takeover measures. 'Financial regulatory authorities may resort to a takeover or trustee measures during this process to guarantee that the process will be smoothly ...




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