China DealBook
A Newsletter on Deal Making in China

By: ChinaDesk | February 24, 2017

A Newsletter on Deal Making in China | M&A . Investment Banking .VC . PE . Deals

CDNetorks_Korea_Wangsu_Science_Technology _China_M&A_News

Deal News

Content Delivery Specialist Goes Global with $186 Million Purchase
Shenzhen-listed Internet services provider Wangsu Science & Technology Co. Ltd. said it has agreed to buy South Korean peer CDNetworks for 21.1 billion yen ($185 million) in a bid to quickly expand its content delivery services outside its home market.

Wangsu is buying about 85% percent of CDNetworks’ shares from KDDI Corp., one of Japan’s leading wireless carriers. KDDI bought its CDNetworks stake in 2011 for $167 million with a similar aim of extending its own global reach by tapping the South Korean company’s network.

 

HNA Buys Controlling Stake in Oil and Gas Dis...

Category: Daily Newsletter 

Tags: Venture Capital, Alibaba, IPO, ChemChina, Ant Financial, Huawei, Anbang, Jack Ma, Hony Capital, Ofo, China Construction Bank, LeEco, Lazada, CIC, Acquisitions, HNA Group, Jia Yueting, Syngenta, Matrix Partners China, CRRC, Retirement Concepts, Private Equity, China M& A, SF Express, CreditEase, IDG Capital, Recon Group, Millennium Films, Noble Group, Softbank, CloudMinds, Sinochem, Fincantieri, Maanshan Dingtai Rare Earth, China M&A News China Newsletter Mergers, Wangsu Science Technology, CDNetworks, Zhejiang Haiyue, ZTE Corp, Tang Ning, AT Zuche, Logan Property Holdings, KWG Property Holdings, China State Shipbuilding Corp, Barcelona, Mission Hill Group, EBay China, CSUN, Victoria s Secret China, Ding Xuedong 

By: ChinaDesk | February 07, 2017

A Newsletter on Deal Making in China

takata_japan_ningbo_joyson_china_kss_acquisition_dealbook

Deal News


China’s Global Auto Ambitions Get a Boost as Takata Picks Bidder
A year ago, Ningbo Joyson Electronic Corp. would have been an unlikely name on a shortlist of candidates to rescue Takata Corp., the Japanese air-bag maker that’s behind the biggest safety recall in automotive history. Joyson-owned Key Safety Systems Inc. has emerged as the leading bidder for Takata Corp. 


Bidders have favored a court-led process to cap their exposure to Takata's existing liabilities. Those liabilities are estimated by some analysts to be as high as $10 billion for recall costs alone. Such an option could deal a huge blow to shareholders, including the founding Takada family, a major investor....

By: ChinaDesk | November 16, 2016

A Newsletter on Deal Making in China

china_dealbook_newsletter_chinese_m&a_mergers_acquisitions

Deal News

 

China Minsheng Financial eyes financial sector buys in Europe
China Minsheng Financial Holding Corp is scouting for acquisitions of financial services companies including banks in Europe, betting on the bloc's strengthening ties with the world's second-largest economy, a top executive said.


China Minsheng Financial's planned push into the European Union's financial sector comes against the backdrop of some countries looking for investors to bail out their stressed banks, and Beijing's push to bolster trade ties with Europe. Portugal's Novo Banco, which the state is trying to sell after a 2014 rescue, has several new potential buyers, including China Minsheng Financial, a senior government offi...

By: ChinaDesk | November 03, 2016

A Newsletter on Deal Making in China

Liu_Zhongtian_China_Zhongwang_USA_Aleris

Deal News

 

China Aluminum Magnate Hits U.S. Senate Hurdle Over Aleris
The ranking Democrat on the Senate Committee on Finance is spearheading an effort to have the U.S. reject a Chinese aluminum entrepreneur’s purchase of Cleveland-based Aleris Corp. on national security grounds.

 

Liu Zhongtian’s Zhongwang USA LLC plans to buy closely held Aleris for $1.11 billion in cash and $1.22 billion in debt, giving one of Asia’s biggest makers of extruded-aluminum products greater access to American and European technology.

 

China Film, Pegasus Launch $100 Million Fund for U.S.-Chinese Movies
China Film Co. and China’s Pegasus Media Group have struck a deal to collaborate on a wide range of film and TV project...