China Construction Bank seeks acquisitions in Europe — report
Chinese lender China Construction Bank Corp (SHA:601939), or CCB, is interested in buying a European bank, or a minimum of 30% to 50% in one and has CNY100bn (USD15.8bn/EUR12.01bn) of…
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Fund manager Ashmore acquires Aviva’s stake in Chinese joint venture
British fund manager Ashmore Investment Management Ltd will acquire its competitor Aviva Investors' 49% stake in a proposed Chinese joint venture with China Central Securities. The UK fund manager has…
China to decide on Glencore’s acquisition of Canada’s Viterra next month
Canadian grain handler Viterra Inc (TSE:VT) said the Chinese Ministry of Commerce (MOFCOM) will continue into September with the review of its planned CAD6.1bn (USD6.2bn/EUR4.9bn) combination with Swiss commodities trader…
Germany’s ThyssenKrupp in talks to sell blanks unit to China’s Wuhan Iron
German steel group ThyssenKrupp AG (ETR:TKA) is nearing an agreement on the sale of its Tailored Blanks business to Chinese iron and steel products maker Wuhan Iron and Steel Co…
France’s Accor to exit Australian fund, sell two Beijing hotels
French hotel operator Accor SA (EPA:AC) said today it will sell its interest in an Australian fund plus two hotels in Beijing to a newly-created hotel investment trust, called A-Htrust,…
France’s Publicis increases presence in China with Longtuo buy
French advertising major Publicis Groupe SA (EPA:PUB) said on Monday it had taken over Chinese digital marketing firm Longtuo, with significant e-commerce expertise in creative, customer acquisition, marketing solutions and…
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