China DealBook
A Newsletter on Deal Making in China

By: ChinaDesk | February 21, 2017

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


Deal News

Dealmakers Battle for Chance to Run World's Biggest Chemical Company
It’s a battle of two great deal makers and the prize is potentially the chance to run the world’s largest chemical company.


On one side is Sinochem Group boss "Frank" Ning Gaoning, who is said to be in talks for a second major deal with global commodities trader Noble Group Ltd. On the other is Ren Jianxin, chairman of China National Chemical Corp., or ChemChina, whose $43 billion offer to buy Swiss pesticides-and-seeds maker Syngenta AG is currently wending its way through official reviews.


China wants to merge Sinochem and ChemChina as part of the ce...

By: ChinaDesk | February 15, 2017

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


Deal News


EU capitals seek stronger right of veto on Chinese takeovers

Germany, France and Italy have called on Brussels to grant them a right of veto over Chinese high-tech takeovers, in a sign of the growing protectionist backlash against Chinese investment in Europe’s most sensitive industries.


Germany’s economics ministry said the three governments had written to Cecilia Malmström, EU trade commissioner, with the aim of opening up a debate on the issue. It said they wanted to create the legal basis for national governments to be able to “intervene in direct investments which are state-controlled”.


Aston Villa Owner Said to Be in Ta...

Category: Daily Newsletter 

Tags: Sino-German, Baidu, Venture Capital, ChemChina, Fosun, China Newsletter, Yum China, Dalian Wanda, CITIC, sinochem, Ctrip, Global Logistics Properties, Morgan Stanley, Mergers, Bank of Communications, Syngenta, Skyscanner, Matrix Partners China, Private Equity, GGV Capital, CMC Capital, Fortune Venture Capital, IPOs, Acquisitions M&A, Aston Villa, Recon Group, Millennium Films, Recon Wenyuan Cable, Tony Xia, China Media Capital, Formula E Holdings, China Yuhua Education, Shilili Hotel, HG Capital, Beijing Nuokangda Pharmaceutical, Baidu Ventures, 8i, AI, G7, China Development Bank Capital, CDB Capital, HRX Asset, Liequ, Gospell Digital Technology, Ehang Technology, Momo, Nuomi, O2O, Jane Sun, Li Jinling, Noble Group 

By: ChinaDesk | January 17, 2017

A Newsletter on Deal Making in China


Deal News

China Exim Bank fund buys Hungary's Invitel from Mid Europa
The China-CEE Fund, which is backed by China Exim Bank and invests in Central and Eastern Europe, has agreed to buy Hungarian fixed line telecom and broadband internet provider Invitel Group for an enterprise valuation of EUR202 million ($214 million).

Syngenta CEO expects regulatory approval for ChemChina deal soon: CNBC
Syngenta Chief Executive Erik Fyrwald expects regulatory approval soon for ChemChina's proposed $43 billion takeover of the Swiss pesticides and seeds group, he said on Monday. "I am very confident that we will finish the deal.

Billionaire Li Ka-Shing to Acquire Duet in $5.5 Billion Deal
Hong Kong billionaire...

By: ChinaDesk | January 11, 2017

A Newsletter on Deal Making in China


Deal News


Alibaba leads $2.55 billion bid for Chinese retailer Intime
E-commerce firm Alibaba Group Holding Ltd and the founder of Intime Retail Group Co Ltd have jointly bid to take the Chinese department store operator private for HK$19.79 billion ($2.55 billion), the partners said on Tuesday.


The bid for the remaining 63% of Intime carries a generous 52% premium to the company's average price over the last 90 days. That's twice the average four-week premium for similar retail bids in Asia, and looks pricey.


The deal to buy out Intime adds to Alibaba’s burgeoning foothold in physical retail as it pursues growth beyond a slowing online business. Control of Intime will also allow the e-commerce g...

By: ChinaDesk | November 09, 2016

A Newsletter on Deal Making in China


Deal News


Osram says confident German government will approve Lamps sale
German lighting group Osram is confident the German government will approve the planned sale of its traditional Lamps unit to a consortium of Chinese buyers, Chief Executive Olaf Berlien told a news conference on Wednesday.


Aixtron CEO says won't comment on pending takeover by Chinese buyer
German chip equipment maker Aixtron will not comment on the pending takeover by China's Fujian Grand Chip Investment as long as the German government's review of the deal is ongoing, Aixtron's chief executive said.


The Syngenta Acquisition: Delayed But Not Cancelled
ChemChina's pending Syngenta AG acquisition seems to become a never endin...