China to bid $7B for Noranda
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A company owned by the Chinese government has entered talks to buy Noranda Inc. in a deal that would shake up the Canadian mining industry.
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The reservations expressed on this page about the prospective takeover of resource giant Noranda by state-owned China Minmetals have come in for a barrage of muddled criticism.
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John Fairfax Holdings Ltd. , Australia's second-biggest newspaper publisher, bid up to A$1.7 billion ($1.3 billion) for regional media group Rural Press Ltd. , kicking off a long-awaited round of media takeovers.
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Noranda Inc., Canada&#39;s biggest mining company, began exclusive talks on a takeover proposal from China Minmetals Corp. that would lead to the spinoff of Noranda&#39;s aluminum business to shareholders.
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The Hong Kong Housing Authority said bankers will devise a new plan to sell a record $2.7 billion real estate investment trust through an initial public offering after a legal challenge forced the postponement of the listing.
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The planned purchase of Canadian mining giant Noranda by a state-owned Chinese corporation is facing growing opposition in Canada with even lawmakers of the governing Liberal Party calling on the government to block the takeover.
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SINGAPORE -- China&#39;s biggest metals trader, China Minmetals Corp., is seeking to buy Canada&#39;s biggest mining company, Noranda Inc.
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Thomson Financial, part of Canadian publisher Thomson Corp., has bought seven Asia-Pacific news bureaus from Xinhua Finance Ltd., the Chinese supplier of financial information said on Friday.
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Boeing Co.  will sign on Friday deals worth up to &#36;7.5 billion to sell 60 of its 7E7 Dreamliner planes to six Chinese airlines, a source familiar with the transactions said on Thursday.
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China is interested in participating in the bidding for Yuganskneftegaz, the top oil-producing subsidiary of the Russian oil giant Yukos, a Chinese economic official was quoted as saying in a report Thursday by the Russian news agency Interfax. The ...
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Brazilian aircraft manufacturer Embraer signs a $2.7bn deal to deliver 100 jets to Chinese airline HNA Group.
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TORONTO -- One of Canada&#39;s largest and best-known miners, Noranda Inc., is in exclusive talks to be acquired by a Chinese metals producer, the two companies confirmed Friday.
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China Construction Bank  said on Tuesday it was launching an initial public offer of shares that is expected to be China's biggest, raising more than $7 billion.
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China Minmetals Corp is in exclusive talks to acquire Canadian mining concern Noranda in what would be one of China&#39;s largest acquisitions of a foreign company.
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Canadian Prime Minister Paul Martin welcomed on Thursday the idea of Chinese investments in Canada's natural resource sector, where big metals company Noranda Inc.  is the target of a Chinese takeover bid.
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John Fairfax Holdings Ltd. ,  Australia's second-biggest newspaper publisher, bid up to A$1.7  billion ($1.3 billion) for regional media group Rural Press  Ltd. , kicking off a long-awaited round of media  takeovers.
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Shares of Husky Energy Inc., a Canadian oil and natural-gas producer controlled by Hong Kong billionaire Li Ka-shing, rose after a newspaper reported that the Chinese government is in talks to buy the company.