Lion Nathan sells up Chinese operation
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Lion Nathan has been involved in the Chinese brewing industry since 1995 and its operations there employ more than 1,300 people, and produced 142 million litres of beer in the 2003 fiscal year.
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Hong Kong property firm Chinese  Estates Holdings Ltd. (0127.HK) is in talks with investors on a  possible buyout of the firm, valued at more than US$4 billion,  sending its shares up as much as 30 percent to a record high.
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The owners of cable firm NTL are to sell its Irish division in a deal that could be worth 150- 200 million, writes Jamie Smyth, Technology Reporter.
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Hollinger International yesterday announced a $13.2m (Â£7.2m) deal to sell the Jerusalem Post, leaving the one-time media powerhouse and former owner of the Daily Telegraph with just a handful of assets in North America.
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HAMISH ROBERTSON: China&#39;s enormous appetite for raw materials to fuel its economic boom is continuing to have spin-offs for Australia, with a new mining deal announced between the two countries.
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China Coal raises $1.69bn in its Hong Kong flotation, just the latest Chinese firm to list its shares this year.
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TORONTO (CP) - LionOre Mining International Ltd., a global company listed on the Toronto Stock Exchange, has made a $208 million US friendly bid to acquire Australia&#39;s MPI Mines Ltd.
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Mengniu sale   An investor in China Mengniu Dairy Co has offered 65 million shares for sale, which may raise as much as HK$1.4 billion, Sing Tao Daily reported yesterday, citing unnamed sources.
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The company, battered by the subprime crisis, said it would sell a $5 billion stake to a Chinese investment fund.
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Singapore-based PSA International is leading a pack of shipping giants, which includes tycoon Li Ka-shing&#39;s flagship Hutchison Whampoa, that are prepared to shell out upward of US$1 billion (HK$7.8 billion) to buy CSX World Terminals&#39; port assets
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A 30 percent stake in Hewlett-Packard&#39;s Chinese operations is up for sale to the highest bidder as the company&#39;s Chinese partner looks to sell its shares.In a filing (in Chinese) with the China Beijing Equity Exchange, state-owned China Electronics Import &amp; Export Co. (CEIEC) invited bids for its stake in China HP and set a minimum price of 967 million yuan ($133 million).CEIEC will accept bids until Feb. 2 from qualified Chinese companies. Offers from financial institutions or hedge funds will not be considered, it said.HP had little to say in response to CEIEC&#39;s offer, but reaffirmed the importance of China HP to its overall business.&quot;China is a critically important market to HP and continues to hold tremendous opportunities for our business. ... Whilst we do not comment on our financial or operational plans in the future, HP will ensure its business operations remain unaffected,&quot; wrote Joanne Tan, a company spokeswoman, in an e-mail.China HP was founded in 1985 as a joint venture between HP and CEIEC. Over the years, the joint venture has been successful and China HP is a major player in key local markets, such as PCs and servers.Joint ventures are a common way of doing business in China, with foreign companies tapping the experience and connections of a local partner.In the best situations, these partnerships can help the foreign company build and grow their business in China faster than would otherwise be possible.
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By Christopher Hope, Business Correspondent, and Harry Wallop (Filed: 22/11/2004). Phoenix Venture Holdings, the owner of loss-making MG Rover, has sold off the last remaining major piece of land at its Longbridge
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Trans-Tasman beer and wine group Lion Nathan Ltd will concentrate on its premium wine business after making $72 million in writedowns, mostly to its Australian wine business.
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EBay Inc.  said on  Tuesday it is folding its China operations into a new venture  controlled by a local partner as the U.S. Web auction giant  switches strategies for tapping the promising Chinese market  where it has so far struggled.
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SABMiller Plc, the world&#39;s second- largest brewer, said its Chinese venture agreed to buy three unprofitable breweries in China from Lion Nathan Ltd.
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SINGAPORE/BEIJING  - Britain's Barclays  is in talks with the governments of China and Singapore to raise 10 billion pounds ($20.6 billion) to help fund its planned purchase of Dutch bank ABN AMRO , the BBC reported on Monday.
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China Power International Development Ltd. raised HK$2.5 billion ($320.6 million) in an initial public offering, bankers said, after pricing its shares at a discount to rivals and selling a stake to Singapore&#39;s investment company.