Commerce Minister Chen Deming said Sunday that China is still open to foreign investment after the government rejected Coca-Cola’s US$2.4 billion bid for top Chinese juice maker Huiyua... Read more
Beijing blocked Coca-Cola’s US$2.53 billion bid for Huiyuan Juice Wednesday in the first test of China’s new anti-monopoly law, the South China Morning Post reported. The rejecti... Read more
Shares of Rio Tinto fell Wednesday as speculation increased that the Australian government may reject a proposed US$19.5 billion investment by Aluminum Corp. of China (Chinalco), the Wall St... Read more
Coca-Cola may abandon a US$2.4 billion takeover bid for Huiyuan, China’s leading juice company, the Financial Times reported, citing people familiar with the matter. The deal, which wo... Read more
Citic Securities and US investment bank Evercore Partners will form a joint venture to advise on cross-border M&A transactions, the Wall Street Journal reported. Citic Securities Intern... Read more
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