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BYD to buy U.S. firm Jabil's China manufacturing business
China's leading NEV manufacturer BYD said on Monday that its holding subsidiary has inked an acquisition framework agreement with the Singaporean subsidiary of U.S.-based firm Jabil Inc. to buy its manufacturing business in Chinese cities of Wuxi and Chengdu, for 15.8 billion yuan.
August29,2023
Vantone to buy stakes in Source Photonics, moving towards optical communication industry
Vantone Neo Development Group (600246.SH) announced on late Sunday to buy a 60.16-percent equity stake in Source Photonics Holdings (Cayman) Limited in cash.
June24,2024
HNA buys stake in OMAM
Chinese conglomerate HNA Group Co agreed to buy a 25 percent stake in UK-based OM Asset Management (OMAM), a subsidiary of Old Mutual, for about 446 million U.S. dollars, according to a statement published on Old Mutual's website on Saturday.
March28,2017
CMP buys into Brazilian terminal
China Merchants Port Holdings Co Ltd announced on Monday that it had agreed to purchase 90 percent of TCP Participacoes SA, the operator of Brazil's second largest container terminal, for 7.23 billion Hong Kong dollars (924 million U.S. dollars).
September05,2017
Somec to buy 65% of Budri for 7.5 million euros
An excellence in marble processing, Budri will enable the Group to penetrate the high-end interiors sector more effectively.
June23,2022
Lufthansa buys 17 long-haul jets from Boeing
German airline Lufthansa is strengthening its long-haul fleet with new aircraft from US manufacturer Boeing. The MDAX-listed group announced in Frankfurt that 17 aircraft are to be purchased from Boeing.
May18,2022
CGN buys into Swedish power project
China's major nuclear power operator, China General Nuclear Power Corp, has acquired a 75 percent stake in a wind power project in Sweden, according to a statement from CGN on Tuesday night.
July19,2018
HNA buys stake in Deutsche Bank
Chinese conglomerate HNA Group is seeking to expand its finance business and further diversify its operation structure after taking a stake in Deutsche Bank, the first Chinese investor to take a major stake in the bank.
February21,2017
Asahi to buy SABMiller's assets
Asahi Group Holdings Ltd agreed to buy SABMiller Plc's eastern European assets including Pilsner Urquell from Anheuser-Busch InBev NV for 7.3 billion euros ($7.8 billion).
December14,2016
Chinese investors buy stake in HERE
Two Chinese companies and Singapore's sovereign wealth fund GIC have agreed to buy a 10 percent stake in a digital mapping company controlled by Germany's leading carmakers to help them develop self-driving cars.
December30,2016
MSC targeting Turkey and negotiating to buy Global Ports Holding
The world's leading shipping company managed by the Aponte family is aiming to invest in the cruise ports of Turkish Mehmet Kutman's Group, which is financially troubled.
June21,2022
Chinese consumers favor buying imported goods through cross-border e-commerce platforms, white paper
China's cross-border import e-commerce sector has stepped into a period of "upgrading development", according to a white paper on China's cross-border import consumption trends jointly released recently by JD Worldwide, a one-stop platform for consumption of imported and exported goods under JD.com, and NielsenIQ, a monitoring and data analysis company.
June20,2024
China ready to buy more pork for reserves to support prices
China's top economic planner said on Tuesday that it is ready to stockpile pork, the country's staple meat, for state reserves, as an index monitoring pork prices triggered a second-level warning.
February09,2022
Alibaba buys into home improvement business
Alibaba is to pay 5.5 billion yuan ($870 million) to buy a 15 percent stake in Easyhome, a domestic home improvement chain.
February12,2018
Chengtong buys Metallurgical Corp shares
Metallurgical Corp of China Ltd, the country's biggest metallurgical engineering contractor, announced on Wednesday that 24.76 million of its nonpublic offering shares were purchased by China Chengtong Holdings Group, a State-owned asset-operating group.
January13,2017
Sanpower launching fund to buy cinemas
Chinese conglomerate Sanpower Group is launching a fund with a 3 billion yuan ($435 million) target that will be used to acquire up to 150 domestic cinemas in a bet on rapid growth in the country's movie market.
January19,2017
AMC to buy Nordic Cinema Group
AMC Entertainment Holdings Inc said it would buy Nordic Cinema Group, the largest cinema chain in the Nordic and Baltic countries, for 6.37 billion yuan ($930 million), The Paper reported.
January24,2017
China's Great Wall Motors buys plant in Brazil
Great Wall Motors, China's leading sport utility vehicle (SUV) and pickup manufacturer, has signed an agreement with Daimler AG on the acquisition of the German carmaker's plant in Brazil.
August23,2021
Gezhouba plans to buy Brazilian utility
A China Gezhouba Group Co., Ltd subsidiary plans to purchase a 100 percent stake of a Brazilian water supply company, in a bid to expand its investment in local public-private partnership projects and to improve its presence in the local market.
April01,2017
German meal-kit firm HelloFresh to buy back own shares
The meal-kit mail order company HelloFresh wants to buy back its own shares up to a value of 250 million euros (283 million dollars), the company announced in Berlin on Monday.
January13,2022
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