Jul 22, 2013 | News
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...
Jul 22, 2013 | News
Medical Daily U.S.-based Abbott Laboratories plans to acquire two closely held companies, Idev Technologies and OptiMedica Corp., in a $560 million investment in medical devices for treating blood vessel and eye diseases. The company spun off its pharmaceutical unit...
Jul 22, 2013 | News
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...
Jul 22, 2013 | News
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...
Jul 22, 2013 | News
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...
Jul 21, 2013 | News
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...