China Vanke has issued a statement on Wednesday night, welcoming Anbang Insurance to become one of its big share-holders. Earlier this week, Anbang raised its stake in Vanke to 7 percent by acquiring shares worth over 2.8 billion yuan. ...
China Vanke Co. Ltd unexpectedly suspended trading on Friday afternoon, saying that it's planning to issue new shares for capital restructuring and assets acquisition, according to a statement on the Shenzhen Stock Exchange. The statement ...
The US Congress' approval of the quota and governance reforms of the International Monetary Fund (IMF) has been welcomed by the People's Bank of China (PBOC). According to the statement on the central bank's official website, this ...
Tags: Ratification, Imf Quota
The spat between China's largest property developer Vanke and its current biggest shareholder Baoneng Group has continued to heat up. Vanke's President Yu Liang says the company is facing a "hostile takeover". Last week, Chairman Wang ...
China's central bank on Saturday welcomed the ratification of the 2010 quota and governance reforms of the International Monetary Fund (IMF) by the U.S. Congress on Dec. 18, 2015. "Such approval means that the 2010 reforms, after ...
Tags: Ratification, IMF Quota Reform
As one of the first partners of the Asian Infrastructure Investment Bank, Germany has deposited its instrument of ratification of the bank at the Ministry of Foreign Affairs of China. Germany has contributed 4.5 billion US dollars, and ...
Tags: Investment Bank, Affairs of China.
Tsinghua Unigroup of mainland China announced on Dec. 11 to acquire a 24.9 percent holding in Siliconware Precision Industries Co., Ltd. (SPIL) and a 25 percent stake in ChipMOS Technologies (Bermuda) Ltd. for total cost of NT$68.8 billion ...
Tags: Tsinghua Unigroup, semiconductor, Processing Machinery
Perry Ellis International Inc., which distributes several golf brands and makes Nike swimwear, appointed Joe Arriola to its board. Arriola is a former member of the Perry Ellis Board, having served as a director from 2006 until 2015. ...
Tags: Perry Ellis International Inc, golf brands, Sporting Goods
A file photo of the headquarters of China Vanke in Shenzhen, Guangdong Province. [Photo: ifeng.com] China's biggest residential developer China Vanke is worrying that its shareholders are buying too much stake. Baoneng Group, a ...
Tags: Vanke, Baoneng Group, stake
Gas Natural Fenosa plans to invest $1.1 billion over the next decade to double its number of clients at Chilean subsidiary Metrogas to 1.5 million, from around 700,000 currently, CEO Rafael Villaseca said Tuesday. During the first five ...
Paper and packaging firm WestRock has agreed to acquire Cenveo Packaging in a $105m deal. Based in Connecticut, the US, Cenveo Packaging operates six facilities across North America where it produces folded carton, shrink sleeve and ...
Tags: WestRock, Packaging, Cenveo Packaging
Supply chain logistics company Brambles has moved to 100 per cent ownership of keg logistics and distribution business Kegstar ahead of an expansion into the UK market. Brambles, which bought an initial 30 per cent in Kegstar in March ...
US-based packaged foods company Pinnacle Foods has entered into an agreement to acquire Boulder Brands for $975m, in a move that signifies the former’s expansion into health and wellness segments. The acquisition is expected to ...
Tags: Pinnacle Foods, refrigerated foods
Following Osram’s announcement last week that the company is to invest EUR 1 billion in a new Malaysia-based plant for LED chips, a leading investor in Osram expressed opposing opinions about Osram’s latest strategy, reported ...
US-based packaged foods company ConAgra Foods plans to split the company into two independent public companies – with one handling the consumer portfolio of various brands and the other managing its foodservice portfolio of frozen ...
Tags: ConAgra, potato, appetizer vegetable