Exclusive: Two groups, one backed by China"s Fosun, bid for NMC Health stake - sources
Two groups, including one backed by China's Fosun , have made competing offers to buy a 40% stake in London-listed NMC Health worth up to $1.9 billion, four sources familiar with the deal said......»»
Exclusive: Temasek, Trustbridge target majority stake in WeWork China at $1 billion valuation – sources
Temasek Holdings and Trustbridge Partners have held talks with WeWork China over increasing their stake in the China branch of the troubled co-working startup to take majority ownership, three people familiar with the matter told Reuters......»»
Exclusive: Ant Financial takes stake in Vietnam"s eMonkey: sources
China's Ant Financial, a fintech affiliate of e-commerce giant Alibaba Group Holding Ltd , has quietly acquired a sizable stake in a Vietnamese e-wallet eMonkey, people familiar with the matter said......»»
Exclusive: Daimler seeks majority control of its main China joint venture - sources
Daimler is seeking to buy a majority stake in its Chinese operations, three people familiar with the matter told Reuters, after initial efforts to raise its stake failed and as Chinese investors tighten their grip on the German carmaker......»»
Exclusive: China"s BAIC raising Daimler stake to unseat Geely as top shareholder - sources
Daimler's main China joint venture partner BAIC Group has set in motion a plan to double its stake to around 10% and win a board seat in the German luxury car maker, as it aims to upstage rival Geely, two sources told Reuters......»»
Exclusive: China"s Dongfeng plans partial sale of PSA stake - sources
China's Dongfeng Motor will likely trim its stake in Peugeot owner PSA after hiring banks to study options, people close to the matter said, in a move that could ease the French carmaker's planned merger with Fiat Chrysler ......»»
Exclusive: Ping An-backed Lufax to ditch P2P lending on regulatory woes - sources
Lufax, one of China's largest online wealth management platforms that is backed by financial giant Ping An Insurance , plans to exit its once-core peer-to-peer lending (P2P) business, three sources with direct knowledge of the matter told Reuters......»»
Exclusive: Ping An-backed Lufax to ditch P2P lending amid regulatory woes - sources
Lufax, one of China's largest online wealth management platforms that is backed by financial giant Ping An Insurance , plans to exit its once-core peer-to-peer lending (P2P) business, three sources with direct knowledge of the matter told Reuters......»»
Exclusive: Morgan Stanley likely to gain majority control of China securities JV in H2 - sources
Morgan Stanley is likely to get regulatory approval for owning a majority stake in its Chinese securities joint venture in the second half of this year, people with direct knowledge of the matter told Reuters......»»
Exclusive: China"s BAIC seeks to buy 5 percent Daimler stake - sources
China's BAIC Group is seeking to buy a stake of up to 5 percent in Daimler as a way to secure its investment in Chinese Mercedes-Benz manufacturing company Beijing Benz Automotive, three sources familiar with the matter told Reuters......»»
Exclusive: Volkswagen eyes big stake in China partner JAC, taps Goldman - sources
Volkswagen AG is exploring purchasing a big stake in its Chinese electric vehicle joint venture partner JAC Motors and has tapped Goldman Sachs as an adviser on the plan, people with direct knowledge of the matter said......»»
Exclusive: VW eyes buying big stake in China partner JAC, taps Goldman - sources
Volkswagen AG is exploring purchasing a big stake in its Chinese electric vehicle joint venture partner JAC Motors and has tapped Goldman Sachs as an adviser on the plan, people with direct knowledge of the matter said......»»
Exclusive: Volkswagen eyes buying big stake in China partner JAC Motor, taps Goldman - sources
Volkswagen AG is exploring purchasing a big stake in its Chinese electric vehicle joint venture partner JAC Motor and has tapped Goldman Sachs as an adviser on the plan, people with direct knowledge of the matter said......»»
Exclusive: China"s Tianqi nears deal to buy stake in Chile"s SQM - sources
HONG KONG/TORONTO (Reuters) - China's Tianqi Lithium is nearing a deal to buy a 24 percent stake in Chile's Sociedad Quimica Y Minera (SQM), one of the world's biggest lithium producers, for about $4.3 billion, two people close to the transaction said......»»
Exclusive: China"s Tianqi nears $4.3 billion deal to buy stake in Chile"s SQM - sources
HONG KONG/TORONTO (Reuters) - China's Tianqi Lithium is nearing a deal to buy a 24 percent stake in Chile's Sociedad Quimica Y Minera (SQM) , one of the world's biggest lithium producers, for about $4.3 billion, two people close to the transaction said......»»
Exclusive: Alibaba merging China food delivery units to counter Tencent-backed Meituan - sources
Alibaba Group plans to merge its food delivery units and raise funds for the combined business, intensifying a battle with Tencent-backed Meituan Dianping for dominance of China's booming on-demand services market, four people told Reuters......»»
Exclusive: China"s Dalian Wanda seeks to reduce AMC stake - sources
Chinese billionaire Wang Jianlin's real estate-to-media conglomerate Dalian Wanda Group is exploring a deal to cut its stake in AMC Entertainment Holdings Inc, the world's largest cinema operator, people familiar with the matter said......»»
Exclusive: China"s Wanda Group explores Legendary Entertainment stake sale - sources
China's Dalian Wanda Group is exploring a partial sale of its Hollywood film studio and the full sale of its sports assets in its latest push to reduce offshore holdings under pressure from Beijing, sources familiar with the matter said......»»
Exclusive: Alibaba in talks on stake in China operations of Germany"s Metro - sources
Chinese E-commerce giant Alibaba Group Holding Ltd is in talks with Germany's Metro about taking a stake in the German retailer's China operations, three sources told Reuters on Thursday......»»
Exclusive: Nissan sees bigger role for U.S., China markets in global car sales - sources
Nissan Motor Co expects equal contributions to global car sales from China, the United States and elsewhere in coming years as the struggling Japanese carmaker strategises to recover profitability, two people with knowledge of the issue said......»»
Exclusive: Saudi Aramco seeking to review price of SABIC deal - sources
Saudi Aramco is looking to restructure its deal to acquire a controlling stake in petrochemicals maker SABIC after a more than 40% drop in SABIC's value following a slump in oil prices in coronavirus pandemic, two sources told Reuters......»»