Tag: Mergers

Chinese Machinery Manufacturer Makes $3.3 Billion Offer to Buy Terex

Shuang Shan Chinese state-owned machinery manufacturer Zoomlion Heavy Industry Science and Technology Co Ltd submitted a proposal to buy US crane-manufacturer Terex Corporation for $3.3 billion in cash on Wednesday.  The proposal comes in the middle of the planned merger...

/ January 29, 2016

ChemChina Acquired German Machinery Manufacturer for $1 Billion

Shuang Shan China National Chemical Corporation (ChemChina) announced Monday it has agreed to buy German plastic and rubber machinery manufacturer KraussMaffei Group for $1.01 billion, funded by a consortium with Jiangsu Guoxin Investment Group Limited and AGIC Capital. The deal,...

/ January 14, 2016

Chinese Conglomerate Makes First Major Investment in Hollywood

Shuang Shan Dalian Wanda Group Co., the world’s biggest movie theater operator, announced on Tuesday that it has acquired a majority stake in Legendary Pictures Films LLC for $3.5 billion in cash. Wanda will be the first Chinese company to...

/ January 12, 2016

Major Chinese O2O Websites Merge in $20 Billion Deal

Shuang Shan Meituan.com and Dianping Holdings Ltd, two of China’s largest online local service platforms, have agreed to set up a new company—creating the largest Online to Offline (O2O) business in China. The merger, one of the largest deals ever...

/ October 9, 2015
container ship

COSCO-China Shipping Merger Finally in The Works?

By Lauren Dodillet After years of rumors, a merger may be in the works for China Ocean Shipping (Group) Company (COSCO)—China’s largest shipping enterprise—and China Shipping (Group) Company. The two state-owned enterprises (SOEs) would combine over $82.9 billion in total...

/ August 27, 2015