M&A News

Hongyun Group and Honghe Group, two major tobacco firms based in southwest China's Yunnan province, have announced that they plan to merge, in a move that will create the world's... 2008-08-26

Australia's CSL, the world's second-largest maker of blood plasma products, has agreed to purchase US pharmaceutical Talecris Biotherapeutics Holdings. The company will pay US$3.1bn... 2008-08-14

On August 12 Japan's largest bank Mitsubishi UFJ Financial Group (MUFJ) announced that it will pay US$3bn for the 35% of UnionBanCal (UNBC) it doesn't already own. UNBC is a US bank... 2008-08-13

The agreement between Singapore Airlines and Temasek to acquire a 24% stake in China Eastern Airlines expired on August 9. China Eastern said the agreement automatically terminated... 2008-08-13

Malaysia's Maybank has been executing a strategy of regional expansion over the last few months. It spent US$835mn to acquire Vietnam's An Binh Bank and Pakistan's MCB Bank in May,... 2008-08-12

Australian iron ore exploration and development firm Cape Lambert Iron Ore (Cape Lambert) has settled the US$367mn sale of its flagship iron ore deposit in Pilbara, Western Australia.... 2008-08-07

As CFW has previously noted, every week seems to bring another example of emerging market sovereign wealth funds (SWF) coming to the aid of a troubled western bank, and this week... 2008-07-30

The sale of a 45% stake in media and telecoms group HKT Group Holdings, a recently formed subsidiary of PCCW has attracted significant interest from the biggest names in private equity,... 2008-07-16

Each week brings further evidence of the extent to which high oil prices are driving corporate activity around the world, and this time it is the Chinese alternative energy sector... 2008-07-09

Norway's Awilco Offshore and China Oilfield Services have agreed to a merger which will create the world's eighth-largest rig fleet. COSL has offered to acquire 100% of Awilco's shares... 2008-07-07