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Peugeot family 'approves draft Dongfeng deal'
BY Reuters |
18 Feb 14
PSA Peugeot Citroen's founding family gave the go-ahead on Monday for a 3 billion euro ($4.1 billion) tie-up with China's Dongfeng that would draw a line under one of France's oldest industrial dynasties, sources said.
Equis Funds to invest $500 mln in Japanese solar projects
BY Reuters |
13 Feb 14
Alternative energy investment firm Equis Funds Group plans to raise $500 million over the next year to fund solar energy projects in Japan, where the use of renewable energy is expected to at least double over the next 15 years.
Danone to double stake in China Mengniu for $665 mln
BY Reuters |
13 Feb 14
France's Danone SA will spend $665 million to lift its effective stake in China's top dairy firm, China Mengniu Dairy Co Ltd as it seeks to boost its presence in one of its most important markets.
Hubei plans province's 1st carbon auction in March
BY Reuters |
13 Feb 14
China's Hubei province will auction up to two million carbon permits at a government-set minimum price next month to kick-start the nation's sixth pilot emissions trading scheme (ETS).
Rundong Auto to raise up to $300 mln in HK listing
BY Reuters |
13 Feb 14
China's Rundong Automobile Group, backed by private equity firm KKR & Co LP, plans to raise up to $300 million through a Hong Kong listing in the first half of 2014, IFR said.
Jumei.com 'hires banks for $600 mln U.S. IPO'
BY Reuters |
13 Feb 14
Chinese online cosmetics retailer Jumei.com has hired Credit Suisse and Goldman Sachs for an up to $600 million U.S. initial public offering, IFR reported on Thursday, citing a source familiar with the plans.
In talks with China to form infra fund: Mexico
BY Reuters |
13 Feb 14
Mexico and China are discussing creating a joint fund for investments in infrastructure projects in Latin America's No.2 economy, Mexican deputy finance minister Fernando Aportela said on Tuesday during a visit to New York.
Hony 'in talks to invest in Giant Interactive buyout'
BY Reuters |
13 Feb 14
Chinese buyout firm Hony Capital is in advanced talks to join Baring Private Equity Asia consortium's $2.8 billion bid for online gaming company Giant Interactive Group Inc, two people with knowledge of the matter told Reuters.
China firms head for U.S. IPOs despite accounting flaps
BY Reuters |
13 Feb 14
Chinese companies are flocking to the U.S. IPO market in their biggest numbers since 2010, drawn by soaring valuations for tech start-ups and undeterred by a flare-up in an accounting row between Washington and Beijing.
Google 'buys $750 mln Lenovo stake'
BY Reuters |
07 Feb 14
Internet search company Google Inc bought a 5.94 percent stake in China's Lenovo Group Ltd last month for $750 million, according to a disclosure on the Hong Kong stock exchange.
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