Hainan Island’s Top Rubber Producer Acquires Stakes in Foreign Companies

Hainan State Farms Investment Holding Group Co Ltd, owner of China’s largest natural rubber plantation base, is accelerating its pace of globalization through international acquisitions, according to Li Dongming, a senior official with the company. “We will focus our efforts in seeking partners in especially the Southeast Asian countries,” he said while was responding to

CITIC and Carlyle Group Complete Acquisition of McDonald’s China

The year-long auction of McDonald’s business in China has finally come to an end as state-owned enterprise Citic Ltd. announced the purchase was officially completed on July 31st. The purchase marks the US food giant’s largest franchise business overseas, with its 2,700 stores being run by the purchasers…Full Article: ECNS.cn Aug 2017 Key Point The

Beijing Sanyuan Foods and Fosun Close to Purchasing France’s St Hubert

Fosun International, the Chinese insurance-to-tourism conglomerate, and Beijing Sanyuan Foods are close to a joint deal to buy French margarine and health food maker St Hubert from Montagu Private Equity, according to a joint statement from the two Chinese firms…Full Article: South China Morning Post July 2017 Key Points The Chinese acquisition of St Hubert,

COSCO Shipping and Shanghai International Port to Buy Hong Kong’s OOCL

China’s major shipping operator COSCO Shipping Holdings and Shanghai International Port (Group) Co jointly announced a takeover offer on Sunday [9 July 2017] to all the shareholders of Hong Kong-based Orient Overseas Container Line Co (OOCL), COSCO announced on Sunday…Full Article: The Global Times July 2017 Key Point Once the takeover is completed, China’s COSCO

Beijing Investment Firm Bids on Italian Supermarket Chain

Chinese Group Yida International Investment has formally expressed interest in Esselunga, Italy’s fourth-largest supermarket chain, Italian daily la Repubblica reported on Thursday [15 June 2017]…Full Article: The Global Times June 2017 Key Points Yida International offered EUR 7.5 billion euros (USD 8.38 billion) for Italy’s Esselunga supermarket chain. In September 2016, the private equity funds