RECENT NEWS
Financial Times  4 hrs ago  Comment 
French industrials conglomerate launches offer for Swiss rival
Reuters  Dec 7  Comment 
Aviation Industry Corporation of China (AVIC) is awaiting regulatory approval to take control of loss-making Xiamen XGMA Machinery Co Ltd, giving the firm a chance to diversify...
Financial Times  Dec 5  Comment 
Chinese conglomerate broadens shareholder base as part of reorganisation
The Economic Times  Dec 4  Comment 
Conglomerates have companies that work in different industry segments, where technology needs are vastly different and so much of the buying was decentralised.
Channel News Asia  Dec 4  Comment 
The taxi-booking app developer says it will tap on the Japanese conglomerate’s strengths in mobile and Internet to further accelerate the app's growth in South-east Asia.
Reuters  Dec 2  Comment 
Sahara conglomerate on Tuesday won the Supreme Court's approval to sell four of its domestic properties, which it said would raise 26.22 billion rupees ($424 million), crucial to secure the bail of its jailed chief.
Yahoo  Dec 1  Comment 
Chinese billionaire Guo Guangchang is set to sweeten his bid for the struggling French holiday group Club Mediterranee to trump Italian tycoon Andrea Bonomi's offer in France's longest-running takeover ...
Yahoo  Nov 30  Comment 
Chinese conglomerate Fosun , controlled by billionaire Guo Guangchang, is set to raise its bid for holiday company Club Mediterranee on Monday to trump Italian tycoon Andrea Bonomi, a source familiar with ...
Reuters  Nov 28  Comment 
India's Sahara conglomerate said on Friday it aimed to raise $650 million in loans to secure the release of its chief, in jail for nearly nine months over the group's failure to refund billions of dollars to investors in outlawed bonds.
Reuters  Nov 28  Comment 
Essar Group, a $39 billion conglomerate, is looking to tap frozen Iranian oil revenues to pay for its steel exports to Tehran, in a novel attempt to work around Western financial sanctions against the OPEC member state.




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