Hummer Bidder to Begin Talks with China

Sichuan Tengzhong Heavy Industrial Machinery, the potential buyer of GM’s Hummer brand, expects to persuade Chinese regulators to approve the transaction in spite of a report on China National Radio’s website saying...

Bank of Beijing on Acquisition Trail

From the Financial Times: Bank of Beijing, the mid-sized Chinese lender part-owned by Dutch bank ING, indicated on Friday that it would seek further acquisitions after agreeing to buy a stake of just under 20 per cent in Lang...

China Mobile parent paid HK$1.28 bln for Phoenix stake – MarketWatch

From MarketWatch: China Mobile Ltd. said Monday its parent, China Mobile Communications Corp., paid HK$1.28 billion to Rupert Murdoch‘s STAR Group Ltd. for a 19.9% stake in Hong Kong-listed Phoenix Satellite Television Holdings Ltd. (8002.HK). China Mobile, Phoenix,and STAR Group announced the deal late Thursday, but didn’t say then how much China Mobile paid for […]



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