Preferred Freezer Services, Sinotrans Ltd, Yang Ming Marine Transport Corp and Yida Group form joint venture.
Sectors
KKR approves acquisition of Avoca Capital
New York-based private equity company KKR agreed to buy Avoca Capital for an undisclosed amount. Private equity firm KKR & Co has approved the deal to purchase Avoca Capital.
Google achieves new milestone with USD1,000 share price hit
Google Inc would be joining the elite group of companies which stock had hit the USD1,000 price per share mark.
Private equity-backed Constantia Flexibles Group plans EUR 500 million IPO- sources
Constantia Flexibles Group would be holding an IPO to raise EUR 500 million, sources said. A source told Bloomberg that Austria-based Constantia Flexibles Group was thinking of going public in a EUR 500 million or USD 684 million IPO.
Hutchison Whampoa, Cheung Kong Holdings to sell stake in Extreme Selection for USD 1.16 billion
Two firms owned by Li Ka-shing would be selling holdings in Extreme Selection, the firm that owns the company developing a real estate project in Lujiazui's financial district.
Latest News
Schindler Holding's value rose to its highest share price after two years due to the company's news of its share repurchase plans
The European Union and Canada had agreed on a trade pact worth billions of dollar last Friday that would integrate two of the world's largest economies.
According to sources familiar with the matter, any deal that Chinese computer maker Lenovo would push through with BlackBerry would cause regulatory hurdles.
Blackstone Group's Vivint Inc raised USD 540 million to build home power systems. Provo, Utah-based Vivint Inc received USD 540 million to construct home power systems.
Sutter Hill Ventures invested USD 3 million in the seed funding round of Boxer. Mobile inbox developer Boxer received a seed round investment of USD 3 million from Sutter Hill Ventures.
A total of USD50 million in investment funding was received by mobile game developer Chukong Technologies from backers including GGV capital and Sequoia Capital.
In its announcement today, Wonga said it had acquired Germany online payments service BillPay for an undisclosed amount.
The Russia China Investment Fund acquired the Russian Forest Products Group. The Russia-China Investment Fund had announced the completion of an acquisition of an approximately 42% stake in RFP Group, a leading forestry holding firm in the Far Eastern region of Russia.
The Indian government's guarantee for Air India was being awaited. The sovereign guarantees for Air India are being awaited for until next week in order for loans to be properly backed up with a total of Rs 2500 crore.
