Temasek Increases Stake in ICBC as Goldman Ends Holding

Temasek Increases Stake in ICBC as Goldman Ends Holding

Bloomberg 22 May 2013 Temasek Holdings, Singapore’s state-owned investment company, boosted its stake in Industrial & Commercial Bank of China Ltd. for the third time in a year as Goldman Sachs Group exited its seven-year-old investment. Temasek bought 280 million...
Ctrip Invests up to RMB40M (around $6.5M) in 133.cn

Ctrip Invests up to RMB40M (around $6.5M) in 133.cn

Pedaily.cn 30 May 2013 Ctrip Vice President Jiang Hao confirmed to reporters on May 29 that the Company had been officially allied with 133.cn; the latter will split Ctrip’s affiliated Express Hotel Butler, an application product for searching and reserving economy...
Goldman said to join Alibaba loan team as IPO nears

Goldman said to join Alibaba loan team as IPO nears

Reuters 03 June 2013 (Reuters) – Goldman Sachs has joined Alibaba Group’s $8 billion loan with $500 million in financing as the Chinese e-commerce giant prepares for a massive initial public offering expected to come as early as the fourth quarter of this...
Samsung Acquires 10% Shares of Pantech at a Price of US$48M

Samsung Acquires 10% Shares of Pantech at a Price of US$48M

Pedaily.cn 23 May 2013 Samsung confirmed that it has agreed to buy 10% shares of Pantech, the third largest cellphone maker in Korea, at a price of KRW53B (about US$48M) and would make investments in hardware area afterwards. Previously, Samsung has established the...
Brazilian Cement Producer Plans $4.8 Billion I.P.O.

Brazilian Cement Producer Plans $4.8 Billion I.P.O.

New York Times DealBook June 01 2013 SÃO PAULO, Brazil — Brazil’s largest cement producer, Votorantim Cimentos, is planning to raise as much as $4.8 billion in what would be one of the largest initial public offerings worldwide this year. The move is a positive sign...