Shanghai Electric Group Co Ltd (2727.HK)
24 Mar 2017
* Says it plans to buy stakes in Shanghai Prime Machinery Co Ltd, Thales Saic Transportation, Shanghai Electric Group Property for 3.8 billion yuan ($555.43 million) via share issue
KARACHI, Pakistan, Oct 30 China's Shanghai Electric power company will buy a controlling stake in K-Electric, a power generation and distribution company in Pakistan's largest city, for $1.77 billion, K-Electric's parent company announced in a statement on Sunday.
FRANKFURT/BERLIN The German government has withdrawn its approval for a Chinese takeover of chip equipment maker Aixtron , citing security concerns and throwing up an unexpected hurdle for a 670-million-euro ($728 million) deal on the home stretch.
* Berlin concerned over series of deals for German tech firms