Hoau, TNT Express' road business in China is now the property of CITIC Private Equity. TNT Express, the Dutch express delivery service provider has announced the sale of Hoau, its domestic road business in China.
Investors
DEMB in Talks on Buyout
Dutch coffee maker D.E. Master Blenders has been in talks on its buyout by a group led by Germany's Joh. A. Benckiser GmbH in an around 7.6 billion euro deal.
IPO Prepared for Indian Matchmaker
Matrimony.com is now preparing for IPO. In a country that spends US$37 billion a year on weddings, it is no wonder that one of its premiere matchmaking sites is going public.
Tipco Shares Reach All-Time High Amid Possible Takeover
Shares in Tipco have increased dramatically despite the possible buyout by a group led by Thai billionaire Chareon Sirivadhanabhakdi.
Perform partners with iconic Sporting News
Perform enters into partnership with ACBJ, current owners of the Sporting News. Perform, the British digital rights firm has entered into a partnership with Sporting News, the US media brand to boost its expansion into the North American Market.
Latest News
After two tries, ProMOS Tech was able to sell of its twelve inch fabricating facility to GlobalFoundries.
Mikhail Fridman goes head to head for VTB for Tele2. Russian billionaire tycoon Mikhail Fridman is ready to outbid VTB banks offer to purchase Tele2's Russian subsidiary.
Possible strategic partners for Fisker, namely Dongfeng Motor Group and Zheijang Geely Holdings, have pulled out from discussions.
The British oil company BP is pushing with its investments in the Shetland Islands. BP, the British oil giant is going ahead with an investment project located in the Shetland Islands.
The merger to become the world's largest airline succeeded its first step after being approved by bankruptcy court.
With infrastructure demand at an all time high, there are still many pitfalls that investors face when putting their money into Southeast Asia.
Fisker Automotive has opted to put workers on furlough in the face of a debt due with the US Department of Energy.
American Realty increases offer to US$6.7 billion for Cole Credit. A week after its inital offer was rejected, real estate investment trust American Realty Capital Properties Inc had increased its bid for Cole Credit Property Trust III.
VTB Group Bank recently purchased the Russian subsidiary of Tele2. Tele2, the Nordic telecommunications company recently announced that it would be selling its Russian subsidiary to VTB Group bank.
