Daniela Wei
Stories by Daniela Wei
China’s Ruyi to slow down M&A pace after overseas buying spree
In the future, Ruyi will only consider buying labels that are profitable and have high growth potential.
HK snack chain operator CEC spurs M&A talk after founder’s death
Just two days after CEC announced Chairman Lam Wai Chun had died, Lin Tsz Fung, chairman of rival Best Mart 360 told Apple Daily newspaper that he’d
HNA unloads South Africa’s Comair shares as selloff continues
HNA has sold more than $13 billion of assets this year after the company’s debt bloated to $94 billion.
A look at debt-laden Chinese conglomerate HNA’s asset sale run
The disposals, driven by a liquidity squeeze at HNA, have mainly been real estate and shares.
HNA garage sale continues with $811m Hong Kong property deal
The announcement comes weeks after HNA sold two pieces of nearby land to local billionaire Lee Shau Kee’s Henderson Land Development for about $2 b
Asahi to sell its stake in China’s Tsingtao Brewery for $941m
Asahi is selling its stake as it expands in Europe, where it acquired about $11 billion in beer brands from Anheuser-Busch and SAB Miller.
Macau junket king plans billion-dollar moves into Japan, Vietnam
Suncity Group is looking for partners in Japan after investing in a Vietnam resort scheduled to open in 2019.
China’s Yili scraps $667m deal for organic milk company
As it didn’t win regulatory approval from Chinese authorities.
KKR-backed Chinese pork producer Cofco Meat falls 24% in Hong Kong debut
Cofco isn’t the only company to stumble after a Hong Kong offering. Honma Golf Ltd., the maker of high-end golfing equipment that debuted last month
Lufthansa, Air China likely to finalise joint venture this month
Deutsche Lufthansa AG and Air China Ltd. plan to finalize a joint venture this month, sealing a deal to share revenue and coordinate routes after more
