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China Takes the Lead in Oil M&A Activity Posted on FT.com by Guy Chazan
When it comes to dealmaking in the global oil industry, all eyes are on the east. National oil companies – known as NOCs – from Asia are increasingly dominating the global mergers and acquisitions landscape. [ Read More ]
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China’s Fosun Joins Rush to Invest in Italy by Buying Caruso Stake Posted on FT.com By Rachel Sanderson in Milan
Patrick Zhong liked the suit so much he bought a stake in the company. China’s largest privately owned conglomerate Fosun has added to its portfolio of luxury goods by buying a 35 per cent stake in Italian luxury menswear manufacturer and retailer Caruso. [ Read More ]
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China’s GSK Probe Motivated Solely by Wish to Curb Corruption Posted on South China Morning Post by Rick Yetsan Tang
The major pharmaceutical multinational GlaxoSmithKline is being investigated by the Chinese authorities for anti-trust and bribery offences. [ Read More ]
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Wall Street surges on upbeat Chinese exports data, M&A Posted on Xinhuanet.com by Mu Xuequan
U.S. stocks closed drastically higher on Monday to kick off the week on better-than-expected Chinese exports in August as well as encouraging mergers and acquisitions (M&A) in the United States. [ Read More ]
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Go-ahead for Shuanghui’s $4.7bn Smithfield Deal Posted on FT.com by Gina Chon in Washington
Shuanghui International’s $4.7bn acquisition of pork producer Smithfield Foods has received clearance from the US Treasury department which reviewed the deal for national security concerns, the companies said on Friday. [ Read More ]
Industry Related: ACI’s 2nd Advanced China Summit on Mergers & Acquisitions
When: Tuesday, November 12 to Wednesday, November 13, 2013
Where: InterContinental Pudong, Shanghai
To learn more & register: Click Here