SHANGHAI - Unilever PLC has bought a majority stake in water purification company Qinyuan, its biggest Chinese acquisition in ten years, the consumer goods company said on Sunday without disclosing what it paid.
Sat, Mar 8 2014
SHANGHAI - China's largest Internet company Tencent Holdings Ltd may soon announce a deal to take about a 16 percent stake in online retailer JD.com and merge their online shopping platforms, local media reported on Saturday.
Fri, Mar 7 2014
- Network security company FireEye Inc and its investors sold a second round of shares to the public on Friday to finance expansion and cash in on enthusiasm for its offerings.
PARIS - Airbus Defense and Space said on Friday that it will supply six A330 MRTT refueling jets to Singapore's air force and that India was close to ordering another half dozen.
BEIJING - China's Juneyao Group, the parent of Juneyao Airlines, is in talks with planemaker Boeing and Airbus about acquiring more than 20 more planes in a deal that may be worth more than $1.8 billion, its chairman said on Thursday.
Thu, Mar 6 2014
OTTAWA - Canada and South Korea are very close to signing a long-delayed free trade deal after years of talks, sources familiar with the negotiations said on Thursday.
DETROIT - EcoMotors, a Michigan-based engine maker backed by Microsoft founder Bill Gates and venture capitalist Vinod Khosla, has formed a joint venture in China with a subsidiary of First Auto Works.
LONDON/FRANKFURT - Buyout firm Cinven has hired banks to sell the UK's second-biggest private hospital operator Spire in a possible 1.5 billion pound ($2.51 billion) deal, and expects strong demand as funds compete for rare investment opportunities in the sector, several people familiar with the matter said.
BERLIN - Emirates airline said its alliance with Australia's Qantas was working and had helped the Gulf carrier to improve yields, after some analysts questioned the benefits of the partnership.
Wed, Mar 5 2014
NEW YORK - Masayoshi Son isn't used to taking no for an answer. But the Softbank Corp chief's pleas for a merger of the third- and fourth-largest U.S. wireless carriers seem to be falling on deaf ears.
Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.