China DealBook
A Newsletter on Deal Making in China

By: ChinaDesk | April 07, 2017

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


Deal News

Unicom may get private-sector investor, pioneering next stage of China’s SOE reform
China Unicom, with the world’s sixth-largest network of mobile phone users, is poised to announce an investment by a private-sector investor, becoming a test case in the country’s reform of state-owned enterprises.


In a regulatory filing late on Wednesday, Unicom said its parent, China United Network Communications, aims to push forward with implementing the central government’s so-called mixed-ownership reform plan involving investors from the mainland’s private sector.


China Wins F.T.C. Approval to Buy Syngenta
The China National Chemical Corpor...

Category: Daily Newsletter 

Tags: China, Venture Capital, ChemChina, Ant Financial, China Newsletter, Bao Steel, Analogix Semiconductor, Banyan Capital, Fountainvest, Redpoint, Shandong Gold Mining, Veladero, CWT, Sequoia China, China Unicorn, Toutiao, Mergers, Acquisitions, HNA Group, IMAX China, Souche, Syngenta, Barrick Gold, SAIC Motors, Private Equity, General Motors, CMC Capital, Hillhouse Capital, MoneyGram, Zhaopin, China M& A News, Huishan Dairy Holdings, SOE Reform, Wyre, Remitsy, CapCo, Westinghouse, Indigo, Kunming WuhuaHealth, Fresenius Medical Care, W L Ross & Co, Volkswagen, Mobvoi, Shanghai Mime Financial, Haier Capital, Xiyu Capital, Panda Capital, Davdian, Eight Roads Ventures, Asia Climate Partners, United PV, Mama, Chenhui Venture Partners, Syscloud, SIG, Laidian, DCL Investments, Hisense, FIFA, Tink Labs, Amazon China, XiongAn New Area 

By: ChinaDesk | March 07, 2017

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


Deal News

TVB’s suitor abandons its buyout bid for Hong Kong broadcaster
TLG Movie & Entertainment Group, the little known media company that had expressed its intention to buy a controlling stake in Hong Kong’s premier free-to-air broadcaster, said it has decided to abandon its takeover plan.

TLG, a unit of Beijing’s Top Legend Group, has “decided not to proceed with the offer” to buy 29.9 per cent of TVB, according to a facsimile sent to the broadcaster, just before the expiry of a 5 pm bid deadline imposed by TVB. TVB imposed a March 7 deadline on TLG to make good on its declaration to take over the broadcaster.

Yingde Chairman's Buyout Deal H...

By: ChinaDesk | November 15, 2016

A Newsletter on Deal Making in China


Deal News

IDG in advanced talks to sell itself to Chinese buyout group
International Data Group, a pioneer in technology publishing and owner of such venerable names as PCWorld and the market research firm IDC, is in talks to sell itself for more than $1 billion to a Chinese investor group headed by IDG of Greater China chairman Hugo Shong.


The identity of the other investors in the group and the exact size of the deal could not be learned. But the sale of the company could face regulatory troubles. The Chinese buyout group will likely need to seek approval from the U.S. Committee on Foreign Investment (CFIUS), the government panel that scrutinizes deals over national security concerns before finalizin...

By: ChinaDesk | November 04, 2016

A Newsletter on Deal Making in China


Deal News


Fosun in exclusive talks to buy stake in Russian gold miner Polyus: sources
Fosun International Ltd, is in exclusive talks to buy a large minority stake in Russia's biggest gold miner Polyus, in what would be the Chinese group's maiden Russian deal. Reuters reported in August that Fosun is also in talks to buy a minority stake in Russian investment bank Renaissance Capital.


Fosun's interest in Polyus comes as other Chinese companies have also been targeting gold mine acquisitions to meet domestic demand amid a recovery in prices. State-controlled Zijin Mining Group Co Ltd and state-backed Shandong Gold Mining Co Ltd held separate talks with Canada's Barrick Gold Corp to buy a 50 percent st...