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  • September 16, 2014
  • Last updated: 6:05pm
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  1. Property - Hong Kong & China - ACQUISITIONS

    Hong Kong regulator's probe will not stop Sunac's proposed buyout of rival

    Posted Aug 26th 2014, 01:10am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Greentown China says proposed buyout by a mainland home-building rival is still on, despite first-half profit fall and regulatory investigation SFC probe no barrier to Sunac takeover Mainland luxury-home builder Sunac China said it is still keen on buying 24.3 per cent of rival Greentown China even after the latter yesterday reported a 67 per cent ...

  2. Business - Banking & Finance - ACQUISITIONS

    Chong Hing Bank target of possible takeover

    Posted Aug 08th 2013, 12:00am by KANIS LI

    ... of possible takeover Chong Hing Bank has confirmed it has been approached about a possible takeover, but said it has not received a firm offer. The bank and its parent company, Liu Chong Hing ... major family-owned banks in the city. Chong Hing Bank, founded in 1948, has been widely seen as a potential takeover target for both mainland and overseas investors wanting to expand ...

  3. Business - Companies - INTERNET

    Baidu bond sale funds takeover

    Posted Aug 01st 2013, 12:00am by Bloomberg

    ... Bloomberg in New York Baidu bond sale funds takeover Baidu, operator of the mainland's most popular search engine, sold US$1 billion of five-year bonds in the country's largest overseas corporate debt sale in two months to help fund the takeover of app store 91 Wireless Websoft. The senior unsecured notes were priced to yield 3.29 per cent, or 1.9 percentage points over ...

  4. News - China

    Shandong workers strike over Indian takeover of US tyre firm

    Posted Jul 31st 2013, 03:11pm by AFP

    ... Agence France-Presse in Beijing Nearly 5,000 Chinese workers at a Sino-US joint venture tyre manufacturer are on strike in protest at the American parent company’s US$2.5 billion takeover ... such firm in the world. But thousands of staff at Cooper Chengshan, a joint venture in the eastern province of Shandong, have walked out in protest. They say the takeover cost could endanger ...

  5. Business - Companies - EARNINGS

    PCCW eyes new investments as core businesses post steady gains

    Posted Aug 07th 2014, 05:46am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Core businesses post steady gains, with strong contribution from HKT following CSL takeover PCCW eyes new investments after 24pc income rise PCCW, ... said the initial signs after HKT completed its US$2.43 billion takeover of mobile industry rival CSL New World Mobility in May "bodes well for the future". "We hope to see ...

  6. Business - Banking & Finance - TAKEOVER

    Nasdaq OMX may become takeover target given low price-earnings ratio

    Posted Jul 11th 2013, 12:00am by BLOOM

    ... Bloomberg in New York Price-earnings ratio makes the bourse the cheapest among large exchanges Nasdaq OMX could be target of takeover With the takeover of NYSE Euronext poised to close, ... to enter new markets and introduce different products to weather lower trading volume, many operators including Nasdaq OMX could be takeover targets, said Sang Lee, managing partner and co-founder ...

  7. News - Hong Kong

    European commission approves NYSE takeover

    Posted Jun 24th 2013, 10:11pm by AP

    ... BRUSSELS (AP) — The European Commission has approved InterContinental Exchange's proposed $8.2 billion takeover of NYSE Euronext, saying the two are not direct competitors in most markets and will continue to face strong competition. The deal will give ICE control of London-based Liffe, Europe's second-largest derivatives market. The combined ICE-NYSE Euronext would ...

  8. Business - China Business

    Microsoft case among nine antitrust probes in China

    Posted Aug 27th 2014, 01:27am by Benjamin Robertson and Toh Han Shih

    ... and takeover deals took place, suggesting a shift in strategy towards joint ventures by multinationals struggling to gain traction in the world’s second-largest economy. “Most sizeable foreign ...

  9. Business - Commodities - COMMODITIES

    HKMEx staff head for exit as takeover hopes fade

    Posted Jun 29th 2013, 12:00am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com HKMEx staff head for exit as takeover hopes fade Many of the 100 staff at the Hong Kong Mercantile Exchange have started to leave, as hopes for new investors to take over the troubled commodities bourse fade after investigations by the police and the securities watchdog into alleged financial irregularities. A source familiar with the situation said ...

  10. Business - Companies - DEALS

    US senators want security probe over pork takeover

    Posted Jun 22nd 2013, 12:00am by Reuters

    ... Reuters US senators want security probe over pork takeover A group of 15 US senators from both the Republican and Democratic parties has urged the Obama administration to consider whether ... of pork. Shuanghui is planning to acquire it for US$4.7 billion in what would be the biggest takeover of a US company by a Chinese firm. "We strongly encourage you to include the Department ...




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