Korea M&A Corporation

HP announced that it has completed its acquisition of Electronic Data Systems Corporation (EDS), creating a leading force in technology services. With this acquisition, initially announced on May 13 and valued at an enterprise value of approximately $13.9bn, HP has one of the technology industry's broadest portfolios of products, services and end-to-end solutions. The combined offerings are focu..

Special purpose acquisition corporate or Special purpose acquisition company A Special-purpose acquisition company (SPAC) is a pooled investment vehicle that allows public stock market investors to invest in private equity type transactions, particularly leveraged buyouts. SPACs are shell or blank-check companies that have no operations but go public with the intention of merging with or acquiri..

Hyundai Heavy Industries Co., the world's largest shipbuilder, plans to bid for a 3.35 trillion won ($3.1 billion) controlling stake in Daewoo Shipbuilding & Marine Engineering Co. in what may be the industry's biggest acquisition. A preliminary offer will be submitted Wednesday, Ulsan, South Korea-based Hyundai Heavy said today in an e-mailed statement, without providing more details. The value..

BEIJING, Aug 25, 2008 /PRNewswire-FirstCall via COMTEX/ -- Good Life China Corporation www.goodlifechina.com (GLCC) is pleased to announce that it reached a tentative agreement to acquire a majority position in "The People Home," Chain (TPH). Shijiazhuang (TPH) chain is part of the Shijiazhuang Fuyuan Group. TPH line of business is mainly in the distribution of non durable goods of consumer prod..

Evercore Partners, the boutique investment bank, announced an agreement Thursday to secure a $120 million investment from Japan’s Mizuho Corporate Bank by selling debt and warrants. Evercore plans to use the fresh capital to expand its investment management business, including the financing of several new operations by the end of the year, the company said in a statement. The deal would expand a..

Royal Bank of Scotland Group PLC (RBS.LN) said Thursday it had made some senior appointments in its M&A and corporate finance team in Asia. Richard Griffiths, Ivan Li and Tammy Wan join ABN Amro's M&A team as corporate executive directors and Michael Niederberger joins the corporate finance group as corporate director. Peter Schulz, previously with ABN's London telecoms, media and technology cov..

Asia’s sovereign wealth funds may be loaded, but they don’t need long memories to recall the big losses they’ve suffered on seemingly sure-thing investments in Wall Street’s troubled banks. So with reports that Lehman Brothers came up empty in efforts to win funds from top Chinese brokerage CITIC Securities and state-owned Korea Development Bank, it’s anybody’s guess where it will come up with t..

The Commission found that under EU merger regulations, the merger of the Japanese electronics giants "would not significantly impede effective competition in the European Economic Area". The combination of Kenwood's focus on communications equipment, car and home electronics with JVC's product range, which includes computer-related electronics, was found to be acceptable by the Commission. "The ..

Taiwan's finance ministry said on Wednesday it was investigating possible impropriety in three acquisitions of state-run financial holding firms by private companies. The ministry said it was looking into the acquisitions of Chang Hwa Bank 2801.TW by Taishin Financial (2887.TW: Quote, Profile, Research, Stock Buzz) and of Mega Financial (2886.TW: Quote, Profile, Research, Stock Buzz) by Chinatru..

Taipei, Aug. 20, 2008 (CENS)--Asia Cement Corp., a cement supplier under the Far Eastern Group, will expand to China by acquiring peers through its mainland subsidiaries. Seeing the potential market in China generated by increasing demand for cement to rebuild after the disastrous Sichuan quake, Asia Cement will budget US$600 million to double its mainland capacity to 20 million metric tons of c..

TOKYO (Reuters) - Mitsubishi UFJ Financial Group's (8306.T: Quote, Profile, Research, Stock Buzz) $3 billion bid for control of U.S. unit UnionBanCal Corp (UB.N: Quote, Profile, Research, Stock Buzz) is more than just a rare bet by Japan's most conservative lender -- it could mark the start of a broader U.S. expansion by the bank. As Japan's population ages and the domestic market continues to s..

Mumbai, Aug 4 The Essar group said on Monday that its outsourcing outfit Aegis BPO has agreed to buy the Nasdaq listed off-shoring firm PeopleSupport Inc for $250 million (Rs 1,057 crore). This would be the eleventh acquisition by Aegis in the last four years. Post the acquisition, the companies will merge through Essar Services (Mauritius) and create an entity that would have revenues of $500 m..

The head of KT Corp (030200.KS: Quote, Profile, Research), South Korea's top fixed-line and broadband firm, has said full integration with its mobile service unit KTF Co Ltd (032390.KS: Quote, Profile, Research) would be "desirable", a KT spokesman said on Wednesday. Investors and analysts have long expected KT to absorb KTF, the country's No. 2 mobile carrier and 53-percent owned by KT, to bett..

Chinese logistics giant Sinotrans has agreed to merge with China Yangtze Transportation (Group) Corp, the listed units of the two companies said on Wednesday. The merger is still subject to approvals from China's state assets regulator and other related government departments, Nanjing Tanker (600087.SS: Quote, Profile, Research) and Changjiang Phoenix (000520.SZ: Quote, Profile, Research) said i..

Shanghai Century Acquisition Corporation (AMEX: SHA) announced that the proposal to appoint Cosimo Borrelli and Jacqueline Walsh, both of Borrelli Walsh Limited, to act jointly and severally as liquidators of the Company in relation to the Company’s voluntary liquidation was approved by the shareholders of Shanghai Century at its General and Extraordinary Meeting held on July 8, 2008. The Liquid..

SHANGHAI, July 2 (Reuters) - Dongfeng Motor Corp's move to buy control of minivan maker Harbin Hafei Automobile Industry Group faces an uncertain future after Hafei's parent company agreed to merge with a larger rival, a source familiar with the matter said on Wednesday. Dongfeng Motor Corp, the parent of PSA Peugeot Citroen's (PEUP.PA: Quote, Profile, Research, Stock Buzz) China partner Dongfen..

KELOWNA, BRITISH COLUMBIA, Jul 04, 2008 (MARKET WIRE via COMTEX) ----PACIFIC ASIA CHINA ENERGY INC. (the "Company") (TSX VENTURE: PCE) today announced that the British Columbia Supreme Court has issued a final order approving the plan of arrangement under which Green Dragon Gas, through its wholly-owned direct and indirect subsidiaries GREKA China Ltd. and GREKA Acquisitions Ltd. ("GREKA"), will..

ABU DHABI, July 5 (Xinhua) -- The International Petroleum Investment Company (IPIC) of the United Arab Emirates (UAE) announced Saturday that it has got a syndicated term loan facility of 625 million U.S. dollars to finance its acquisition of 20 percent share of Japan's energy company Cosmo Oil, Emirates News Agency reported. The loan facility was provided by the National Bank of Abu Dhabi(NBAD)..

SEOUL, June 30 (Reuters) - South Korean food group Dongwon said on Monday it had agreed to buy the StarKist seafood business from Del Monte Foods Co (DLM.N: Quote, Profile, Research) for $363 million, creating the world's top canned tuna company. Del Monte, whose brands include College Inn broths and Meow Mix cat food, was exploring a possible sale of StarKist, which it bought in 2002, as soarin..

Vancouver, British Columbia CANADA, Jun 27, 2008 (Filing Services Canada via COMTEX) ---- Pan African Mining Corp. (PAF - TSX Venture, P2A - FWB, PAFRF - OTCBB_Pink_Sheets), (the "Company") is pleased to announce the closing today of the Plan of Arrangement and related transactions (the "Plan of Arrangement") contemplated by the Arrangement Agreement dated May 9, 2008, as amended June 17, 2008 (..

Food and grocery retailer Subhiksha has taken the acquisition route to list its shares on the stock exchanges. The company wants to avoid an initial public offer (IPO) in view of the turbulence in the capital market. Chennai-headquartered Subhiksha Trading Services on Saturday announced that it has acquired 40 per cent stake in Blue Green Constructions and Investments, a non-banking finance comp..

Norway-based paper company Norske Skogindustrier ASA said it has agreed to sell its South Korean subsidiary for 3.2 billion Norwegian kroner ($621.4 million) to Morgan Stanley Private Equity Asia and Shinhan Private Equity as part of its efforts to cut debt. "The sale of the business in Korea will reduce Norske Skog's net debt by approximately 25%. This will give us more financial flexibility, a..

SOUTH KOREA. In major breaking news for the confectionery sector, a subsidiary of South Korean retail-to-leisure giant Lotte is to acquire 100% of the shares of Chocolaterie Guylian NV (Guylian) and its subsidiaries. Under the terms of the deal, Guylian, one of the world’s leading brands of premium Belgian boxed chocolates, will partner with Lotte Confectionery Co Ltd, the Lotte Group's publicly..

Not long after closing the door on the pursuit of Yahoo! Inc. (YHOO), an acquisition that would have boosted its online advertising business, Microsoft Corp. (MSFT) is making another purchase -- albeit much smaller -- that could enhance its ad presence in an entirely different way. The software giant is acquiring Navic Networks Inc., a venture-backed company that makes software to enable the pla..

HONG KONG (Reuters) - Sinotrans, the Chinese conglomerate partnered with DHL DHL.UL, is considering merging with the country's top river-shipping operator to create a national logistics giant, sending shares in its main listed arm up 6 percent on Wednesday. Sinotrans Ltd (0598.HK: Quote, Profile, Research, Stock Buzz), a joint venture partner of Deutsche Post's (DPWGn.DE: Quote, Profile, Researc..

Tata Communications has signed an equity joint venture agreement with the shareholders of China Enterprise Communications (CEC) for the acquisition of a 50% equity interest in CEC. The joint venture, which will become effective after the necessary approvals from the relevant government and regulatory bodies in China are obtained, will be the first of its kind in the Chinese telecoms sector. ‘The..

Source from http://www.bloomberg.com/apps/news?pid=20601103&sid=a7003cQU3qmE&refer=news If you need more detail for this, please visit Bloomber.com ----------------------------------------------------------------------------- InBev NV, the world's biggest brewer, said its $65-a-share offer to acquire Anheuser-Busch Cos. is based on the beermaker's current assets and business. ``It is our strong ..

The chairmand of Chinese apparel company Humbly international Holdings said he has acquired Italian sportswear maker Sergio Tacchini in a deal that could encourage further acquisitions of Italian fashion brands by Asian buyers. This brands is known for Sampras and EcEnroe's dressing. The price was not uncovered. Mr. Mgok said he aims to open more than 200 Sergio Tacchini shops in the next three ..

Kohlberg Kravis Roberts & Co. has agreed to buy Singapore disk drive component maker Unisteel Technology , sources involved in the auction said on Thursday, beating out private equity firms Bain Capital and Carlyle Group [CYL.UL]. A deal with Unisteel would mark KKR's second purchase of a Singapore disk drive maker in the last year. Unisteel's stock was halted on Tuesday, having risen more than ..

Singapore Technologies Telemedia (ST Telemedia), a wholly-owned unit of state-linked investment firm Temasek Holdings, said over the weekend that it has sold its interest in Indonesian telecommunications company PT Indosat to business partner Qatar Telecom (Qtel). Qatar Telecom will pay $1.8 billion for the 40.8 percent stake in Indosat held by Asia Mobile Holdings, a joint venture between Qtel ..