Dart Energy sells China CBM project interest

Dart Energy sells China CBM project interest

Oil & Gas Journal A subsidiary of China Oil HBP Science & Technology Corp. Ltd. will buy the Chinese unit of Dart Energy Ltd., Brisbane, that holds a 50% interest in the Liulin coalbed methane production sharing contract in China for $20.8 million. Dart Energy...
Loblaw to Buy Shoppers Drug Mart for $12 Billion

Loblaw to Buy Shoppers Drug Mart for $12 Billion

Wall Street Journal TORONTO—Canadian grocer Loblaw Cos. agreed to buy Shoppers Drug Mart Corp. for 12.4 billion Canadian dollars ($11.93 billion) in a cash-and-stock deal that marries two of Canada’s biggest and best-known retail brands. The move gives Loblaw—a...
Chinese, American Partners Buy 286-Unit Whispering Winds

Chinese, American Partners Buy 286-Unit Whispering Winds

Globest.com PEARLAND, TX – Expanding its presence in the Houston area, Gaia Real Estate has joined forces with Grand China Fund to acquire the 286-unit Whispering Winds from Besyata Investment Group in an off-market transaction. The buy is the...
Chinese Mining M&A to Continue Growing, Evolving -PwC

Chinese Mining M&A to Continue Growing, Evolving -PwC

The Wall Street Journal Although mining companies are becoming broadly less attractive as acquisition targets given sharply lower mineral commodity prices over the past year, the global M&A market will likely continue to expand in coming years, with Chinese...
Baidu Pays $1.9 Billion in Biggest Takeover to Gain Mobile Share

Baidu Pays $1.9 Billion in Biggest Takeover to Gain Mobile Share

Bloomberg 16 July 2013 Baidu Inc., owner of China’s largest search engine, agreed to buy app store 91 Wireless for $1.9 billion in its biggest announced acquisition to gain a greater share of the mobile user market. The company will acquire the majority stake owned by...