China DealBook
A Newsletter on Deal Making in China

By: ChinaDesk | November 17, 2016

A Newsletter on Deal Making in China


Deal News

Swire Pacific in talks to buy Coca-Cola bottling assets in China
Hong Kong conglomerate Swire Pacific Ltd is in talks to buy Coca-Cola Co's bottling assets in China from Cofco Corp's China Foods Ltd unit.


A potential deal could value the business at about $1 billion and the companies could announce a deal as soon as this week. China Foods said in August it was considering a potential disposal of its stakes in companies engaging in Coca-Cola bottling operations by the way of a public sale.

Anbang Close to Buying Toronto Tower for About $395 Million
China’s Anbang Insurance Group Co. is set to purchase an office and retail tower in downtown Toronto that counts the Government of Ontario as a ma...

By: ChinaDesk | November 02, 2016

A Newsletter on Deal Making in China


Deal News


Yum! Brands Spins Off China Unit In New York Amid Losses In Market Share
Yum China will start trading today as a separate company under the symbol “YUMC” on the New York Stock Exchange, after the board of Yum! Brands approved in late September the plan to spin off its China unit by issuing its common stock to shareholders of the parent company.

Ring-fencing the business, the largest independent restaurant company in China with 7,000 outlets and more than $900 million cash on hand, offers Yum a number of advantages in dealing with a fast-changing market. Yum’s example could provide a road map for other global consumer brands in the world’s most populous nation.


ChemChina extends $43 billion...

By: ChinaDesk | October 18, 2016

A Newsletter on Deal Making in China


Deal News 

Netflix’s new, brilliant strategy for China is to stay the hell out of the country
Netflix is saying zaijian to China, before it even got a foot in the door.
In a letter the company told shareholders it was no longer attempting to bring its video streaming service to China, a shift from hints it made about entering the country in mid-2015.

"The regulatory environment for foreign digital content services in China has become challenging. We now plan to license content to existing online service providers in China rather than operate our own service in China in the near term."

Sinochem unit says has no knowledge of merger with ChemChina
Sinochem International Corp, a unit of state-ow...