Content Types: Recent TransactionRegions & Countries: TaiwanIndustries: Banking & Finance
The world's largest lender, the Industrial and Commercial Bank of China (ICBC), is planning to purchase a 20% stake in Bank SinoPac of Taiwan worth approximately NT$ 18.7bn (or US$ 625 mn). This is the first foray by a Chinese bank into the Taiwanese...
Content Types: Recent TransactionRegions & Countries: AngolaUSAIndustries: Oil & Gas
China National Petroleum Corp (CNPC), China's largest oil and gas company by production, and Malaysia's Petronas are in talks with Marathon Oil Corp. to purchase stakes in two of Marathon Oil Corp.'s offshore oil and gas fields located in Angola. Initial estimates of the deal indicate that it would involve at least US$6bn worth of oil and gas blocks.
Content Types: EventRegions & Countries: ChinaUnited KingdomIndustries: Architecture & Design
The annual International Conference on Green and Energy-Efficient Building & New Technologies and Products Expo (IGEBC) will be held on 2 April 2013 in Beijing, China.
Content Types: Recent TransactionRegions & Countries: USAIndustries: Automotive
Huayu Automotive Systems Co., Ltd. (Huayu Automotive), a Chinese auto part and component manufacturer, has signed a confidentiality and non-disclosure agreement with the US Johnson Controls to acquire the latter's auto electronics business. Sources close...
Content Types: ArticleRegions & Countries: AustraliaChinaIndustries: Power/Utilities
According to the latest Australian media reports, the South Australian grid ElectraNet’s transfer of equity to the State Grid Corporation of China has passed the Australia's Foreign Investment Review Board’s (FIRB) review, which means that State Grid has succeeded in acquiring 41.1% equity in the South Australian grid for AUD 500 million (USD 524 million).
Content Types: ArticleRegions & Countries: ChinaUSAIndustries: Minerals & ResourcesServices: Investment Promotion
In December 2012, The US Bureau of Land Management approved the USD 1.3 billion investment of Sichuan Hanlong Group in the molybdenum ore project in Nevada, USA.
Content Types: ArticleRegions & Countries: ChinaIndustries: Oil & Gas
China Petroleum & Chemical Corporation (Sinopec Corp.) is proposing to acquire the upstream oil and gas assets in the UK, Russia, Colombia, Kazakhstan and other countries from its holding company China Petrochemical Corporation (Sinopec Group). This transaction is currently under negotiation. This move will help Sinopec Corp. increase participation in the global oil and gas production and exploration market.
Content Types: ArticleRegions & Countries: ChinaIndustries: Architecture & DesignHospitalityServices: Investment Promotion
Suzhou Gold Mantis Construction Decoration Co., Ltd. announced in January its acquisition of 70% equity in the world's largest hotel interior design firm HBA International. The two parties signed the formal strategic cooperation agreement on 11 March, 2013, initiating the first cross-border acquisition by the architectural decoration industry of China.
Content Types: Recent TransactionRegions & Countries: SingaporeIndustries: Manufacturing
China Rongsheng Heavy Industries Group Holdings Ltd. (Rongshen) successfully garnered the right to build 2 jack-up rigs in Singapore. The orders are reportedly worth US$ 360m and this signals Rongsheng is making further progress in becoming an...
Content Types: Recent TransactionRegions & Countries: SwitzerlandIndustries: Commodities & Trade
China's Tangshan Iron & Steel Group Co. (Tangshan) held a ceremony on March 20th to mark its 10% acquisition of Switzerland's JCDecaux Co.'s shares. The Switzerland acquisition further signaled Tangshan's growing international presence in the iron and...