Aug 7, 2013 | News
Bloomberg China Molybdenum Co., the nation’s second-biggest producer of the steelmaking material, agreed to pay $820 million for Rio Tinto Group’s Northparkes mine to gain its first overseas copper asset. The sale should be completed by the end of the year, Rio said...
Aug 7, 2013 | News
(Reuters) – Italian oil and gas group Eni said on Friday it had completed the sale of 28.57 percent of Eni East Africa to China’s CNPC at a previously agreed price of $4.21 billion. Eni East Africa holds 70 percent in the Area 4 gas field off the coast of...
Aug 7, 2013 | News
Shanghai Daily 6 Aug. 2013 CHINA completed 102 merger & acquisition transactions in July, a surge of 59.4 percent from a month earlier, according to an industry report. The value of the 86 M&A deals that revealed their transaction figures totaled US$3.05...
Aug 7, 2013 | News
BBC News A Coventry manufacturing firm has been bought for £30m by a partnership between a Chinese automotive supplier and a Shropshire company. Covpress, in Canley, makes body panels for the likes of Jaguar Land Rover (JLR) and employs more than 450 people. Shandong...
Aug 7, 2013 | News
Bloomberg Hanergy Holding Group Ltd., the Chinese clean-power producer, acquired the U.S. photovoltaic manufacturer Global Solar Energy Inc. for an undisclosed amount, its third purchase in a year of a thin-film panel maker. Global Solar joins Miasole Inc., which...
Aug 7, 2013 | News
Bloomberg 07 Aug. 2013 Yue Xiu Group, a trading arm of China’s Guangzhou city government, is considering a bid for Hong Kong family-run lender Chong Hing Bank Ltd., according to a person familiar with the matter. While talks are at an early stage, Yue Xiu is arranging...
