Simcere founder with the firm's CEO formed a consortium to bid for the purchase of Simcere Pharmaceutical Group.
Investors
'The Premier Blue' diamond may sell at USD19 million - Sotheby's
Auction house Sotheby's estimated that 'The Premier Blue' the world's biggest round blue diamond, would be sold at more than USD19 million.
JPMorgan: U.K. Water M&A possible amid regulator review
JP Morgan Chase & Co. said that M&As within the UK water industry still exits amid regulatory price review.
LaSalle Hotel Properties acquires San Francisco-based Serrano Hotel
LaSalle Hotel Properties announced its acquisition of Serrano Hotel for USD71.5 million. Today, LaSalle Hotel Properties had announced acquisition of San Francisco-based Serrano Hotel.
China continues crackdown on corruption
China's corruption goes on overdrive with PetroChina officials falling in its wake. In a widening effort to push its anti-corruption campaign, China has included the country's most valuable company in its dragnet.
Latest News
Florian Rentsch, Hesse economy minister, is the first politician to confirm that the sale of Commerzbank is an option considered by the German government.
Despite being next in line as chief executive of Infosys Ltd, Ashok Vemuri resigned from the company's board.
Deutsche Telekom was cleared of any wrongdoing in lawsuit filed by Kabel Deutschland. Deutsche Telekom emerged victorious when a Frankfurt court dismissed an overcharging case filed against the telecommunications company.
Seadrill would be expecting soaring profits in the next few years as energy companies venture into difficult waters.
The Thai government would be looking to appeal Philip Morris International Inc's victory in tobacco case requiring larger health warnings on cigarette packs.
Three Suntech Power Holdings Co Ltd directors resigned amid the company's struggling financial difficulties.
A PricewaterhouseCoopers (PwC) pension fund had been talking with CA Immo on buying a stake in Tower 185, Germany's fourth-tallest skyscraper.
Standard and Poor's (S&P) had concluded that Playboy Enterprises Inc would likely be under pressure from its USD185 million loan-covenant to reduce its loans and increase its earnings.
Styrolution Group Chief Executive Officer Roberto Gualdoni had said that joint venture company Styrolution Group could hold an IPO in two years.
