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March 11, 2008 |
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AED OIL: Sinopec Stake Buy Prompts Share Price Hike John Viljoen at Bloomberg News reports that AED Oil Ltd.'s shares rose as much as 43% to AU$2.65 On Monday after China Petrochemical Group's (Sinopec) unit bought a 60% stake in its largest field... Read More |
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CHINA MINSHENG: Seeks to Buy European Rivals China Minsheng Banking Corporation Ltd. plans to buy more overseas rivals, in particular in Europe, as part of its strategy to boost its global business, Reuters reports... Read More |
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CILIANDRA PERKASA: Moody's Revises Rating Outlook to Negative Moody's Investors Service has changed to negative from positive the outlook for PT Ciliandra Perkasa's B2 corporate family rating and secured rating on its US$160 million notes... Read More |
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KOREA EXPRESS: Regulators Expected to Deny HSBC's Takeover Plan South Korea's financial regulators are expected to deny HSBC's US$6.3 billion acquisition of Korea Exchange Bank in time for an April deadline, Financial Times reports... Read More |
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OCEANFRONT HOLDINGS: Appoints Brown & Rodewald as Liquidators Kenneth Peter Brown and Thomas Lee Rodewald were appointed liquidators of Oceanfront Holdings Limited on February 11, 2008... Read More |
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SAPPORO HOLDINGS: Steel Partners Ups Bid to JPY875 A Share Steel Partners Japan Strategic Fund (Offshore), L.P. has upped its offer for Sapporo Holdings Ltd., Bloomberg News reports... Read More |
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TATA MOTORS: Chairman Eyes Stake in Ferrari, Report Says While the world awaits for the announcement of a deal between Ford Motor Co. and Tata Motors Ltd. for the sale of the former's Jaguar and Land Rover units, a report says that Tata Group Chairman is interested in owning shares in Italy's Ferrari S.p.A... Read More |
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ZINIFEX LIMITED: Sees Major Acquisition Once Merger Sealed Australian miners Zinifex Limited and Oxiana Ltd. will be looking at major acquisitions once their AU$12 billion merger goes through, Zinifex CEO Andrew Michelmore, as quoted by The National. The size of the merged group, which will be the world's second-largest... Read More |
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Today's Top Stories have been selected from the Troubled Company Reporter - Asia Pacific. To receive the Full TCR-AP please CLICK HERE.
