Italy’s M&G Chemicals Plans $500 Million Hong Kong IPO

Italy’s M&G Chemicals Plans $500 Million Hong Kong IPO

The Wall Street Journal 13 August 2013 The Producer of the Chemical Used to Make Plastic Bottles Hopes to Raise Its Profile in China HONG KONG—M&G Chemicals is planning to raise around $500 million from a Hong Kong initial public offering ahead of an October...
Airtel to take control of Qualcomm venture next year

Airtel to take control of Qualcomm venture next year

The Hindu Business Line Bharti Airtel will take full control of its broadband venture with Qualcomm next year. The company has already acquired 51 per cent stake in the Qualcomm units, which has spectrum for offering fourth generation-based technology in four circles....
ADT to Buy Devcon for $149 Million

ADT to Buy Devcon for $149 Million

The Wall Street Journal ADT Corp. agreed to buy Devcon Security for $148.5 million in cash, while also reporting its fiscal third-quarter profit rose 11% as the security-monitoring company logged higher recurring revenue. Known for its electronic-security systems, ADT...
CTBC Life to acquire local Manulife branch

CTBC Life to acquire local Manulife branch

The China Post TAIPEI, Taiwan — CTBC Financial Holding Co. and CTBC Life Insurance Co. resolved in their board meetings yesterday to assume the operations, assets and liabilities of the Taiwan branch of Manulife International. The valuation date of the...