Songliao Automotive will buy PV assets for RMB2.2 bln
Securities Daily 5 July 2013 Song Liao Automotive Co., Ltd announces that the company plans to raise RMB2.27 billion (around $370 million) to take over 100 percent equities in Aksu Shuqimeng Photovoltaic Power Co. and building a 100MW PV power project. The main...
China’s Greenland Group signs hotel deal
China Daily 05 July 2013 Greenland Group signed a memorandum of understanding with Melia Hotels International of Spain for a hotel asset swap that will help speed up the Chinese developer’s expansion abroad. Under the MOU, Greenland Group will exchange hotel...
Iconic Paris wine shop sold to Japanese investors
Decanter.com 03 July 2013 Amane Nakashima, president of food group Nakashimato, has bought 78% of the shares of the €25 million turnover Legrand Filles et Fils, the distribution and négociant company Legrand & Associées, and fine wine store Peter Thustrup. Gérard...
Chateau Loudenne’s new Chinese owners planning luxury hotel
Decanter.com 03 July 2013 The Moutai Group, owners of Chateau Loudenne in Saint-Yzans-de-Medoc since April 2013, are planning to open a luxury hotel on the property. Zhong Huaili, president of Chateau Loudenne, spent two years looking at over 30 estates before...