Tag archive for ‘China’
By businessnewstoday On Friday, November 6th, 2020

Moody’s invests in alternative data and insights provider MioTech

(adsbygoogle = window.adsbygoogle || []).push({}); Moody’s Corporation, a US-based risk assessment firm, has acquired a minority stake in MioTech, a Hong Kong-based alternative data and insights More...

By businessnewstoday On Monday, October 12th, 2020

KONKA acquires Beko Changzhou Plant, enters into cooperation with Arcelik

Jiangsu KONKA Smart Electrical Appliances, a subsidiary of Chinese manufacturer of electronics products KONKA Group, has acquired Beko Changzhou Plant, and has signed a cooperation agreement with Arcelik, the parent More...

By businessnewstoday On Monday, October 5th, 2020

New Zealand dairy giant Fonterra to divest China farms for $368m

New Zealand dairy giant Fonterra has agreed to divest its farms in China for a total of NZD555 million ($368 million) in two separate deals. Fonterra said that it had successfully developed the farms alongside domestic More...

By Soujanya Ravi On Thursday, October 1st, 2020

Vestas to supply V155-3.3 MW wind turbines for 99MW wind farm in China

Vestas said that its subsidiary Vestas China has been awarded a contract to supply its V155-3.3 MW wind turbines for a 99MW wind farm project in China from an undisclosed customer in China. As per the contract, More...

By businessnewstoday On Saturday, August 29th, 2020

360 Finance gets approval for Kincheng Bank of Tianjin deal

360 Finance, a Chinese digital consumer finance platform, said that one of its affiliates 360 Group has secured approval from the China Banking and Insurance Regulatory Commission to wrap up its previously announced More...

By businessnewstoday On Sunday, July 19th, 2020

Danone injects €100m to bolster specialized nutrition business in China

Danone said that it is investing €100 million in China for bolstering its specialized nutrition business in China besides broadening and deepening its variety of nutritional products and services that are customized More...

By businessnewstoday On Monday, June 22nd, 2020

SmartSens acquires CMOS image sensors firm Allchip Microelectronics

SmartSens Technology has wrapped up its acquisition and merger with Shenzhen-based Allchip Microelectronics, a provider of CMOS image sensors for automotive applications. Financial terms of the transaction were More...

By businessnewstoday On Friday, June 19th, 2020

Shandong Gold Mining offers to acquire Cardinal Resources for $221m

Shandong Gold Mining, a Chinese state-owned gold mining company, has offered to acquire Cardinal Resources, a West African gold‐focused exploration and development company, for about AUD321 million ($221 million) More...

By businessnewstoday On Monday, June 8th, 2020

Munich Re’s ERGO to buy 25% stake in China-based Taishan Insurance

Germany-based ERGO Group, a subsidiary of Munich Re, has agreed to acquire a 24.9% stake in Taishan Property & Casualty Insurance (Taishan Insurance) in a move to enter into the Chinese property and casualty More...

By businessnewstoday On Monday, April 20th, 2020

Yum China acquires controlling stake in Huang Ji Huang

Yum China has completed the acquisition of a controlling stake in the Huang Ji Huang group, a Chinese-style casual dining franchise business. Headquartered in Beijing, Huang Ji Huang was founded in 2004 and has More...