China life assurer Ping An buys Lloyd’s Building for £260m
Financial Times Ping An Insurance, China’s second-largest life assurer by number of policy holders, has become the latest Asian investor to gain a foothold in the City of London property market, buying the Lloyd’s Building in a £260m deal. The insurer – the first from...
Meidu will acquire Woodbine for $135 million
Nbd.com.cn Meidu announced to raise RMB2.46 billion through share placement. $135 million will be used to acquire Woodbine of US and start to enlarge the field capacity of Eagle Ford shale area (South Texas). RMB700 million will be used as the liquid assets. The...
Nokia Siemens Networks yields stake in LTE equipment manufacturer to Rusnano
East-West Digital News Rusnano, a state-owned investment corporation focused on developing the Russian nanotechnology industry, has bought a 25% stake in the vendor of LTE equipment Wireless Technology Center (WTC) from Nokia Siemens Networks (NSN), the news agency...
Microsoft Ventures Accelerator Beijing Demo Day
The Wall Street Journal Today, Microsoft is announcing the launch of Microsoft Ventures in China, a startup initiative that aligns the BizSpark program, the Accelerator program, and the Seed Fund. This announcement coincides with a number of milestones for the...