CapitaLand takes stake in Shanghai development
Insideretail.Asia 19 June 2013 CapitaLand has acquired a 70 per cent stake in Shanghai Guang Chuan Property for 1.95 billion yuan (US$318 million). A wholly-owned subsidiary of Shanghai Shentong Metro Assets Management (Shentong Assets), Shanghai Guang Chuan Property...
China Resources Sanjiu Medical & Pharmaceutical will buy 100% shares of Huawei Medical
Cnstock.com 22 June 2013 It is reported that China Resources Sanjiu Medical & Pharmaceutical will buy Shandong Huawei Medical from Shan Dong Dong-E E-Jiao Co.,Ltd. for RMB80.7M (around $13.2M) to enrich its product line. Shandong Huawei is one of the most famous...
China’s Sinopec buys Marathon’s Angola oil fields for $1.52 billion
Reuters 23 June 2013 (Reuters) – China’s Sinopec Group has agreed to buy Marathon Oil Corp’s Angolan offshore oil and gas field for $1.52 billion, Asia’s largest refiner producer said. Sonangal Sinopec International Ltd, the group’s...
In Moscow, DEMO Europe searches for a new Russian start-up
Russia Beyond the Headlines Demo Europe, a major start-up and venture conference, took place at Moscow’s Digital October center last week. On June 3 and 4, Russian start-ups presented their projects while venture capitalists listened. All the while, journalists from...