Nov. 27, 2008 (China Knowledge) - Agricultural Bank of China (ABC), one of the country's Big Four state-run lenders, is pushing forward the process of setting up a stockholding entity and expects to set up...
Rohm and Haas Company (NYSE:ROH) announced that its common stockholders voted in favor of the proposed merger between Rohm and Haas Company and The Dow Chemical Company. A majority of the more than 195 million shares ...
* Company plans to cut debt by about $10 billion * US seen losing most of $2.3 bln TARP funds invested * Bondholders to get equity in new company plus new debt * Common stockholders...
* Company plans to cut debt by about $10 billion * Bondholders to get equity in new company plus new debt * Common stockholders to get nothing (Recasts; adds analyst quote, detail on bankruptcy plan,...
* Company plans to cut debt by about $10 billion * Bondholders to get equity in new company plus new debt * Common stockholders to get nothing (Recasts, adds detail on bankruptcy plan, background on...
* Deal priced at estimated $246 million * Aimed at cutting systems, other costs * Orix to replace Citi as top stockholder of Monex * Monex shares drop 4.6 pct, Orix falls 2.5 pct (Updates...
* Deal priced at estimated $263 million * Aimed at cutting systems, other costs * Orix to replace Citi as top stockholder of Monex * Monex shares down 4.6 pct; Orix down 2.5 pct (Adds...
China Merchants Bank (CMB)'s 22 billion yuan financing plan has been approved by the general meeting of stockholders Monday with 99.75 percent of shareholders supportive of the plan. The bank said that it planned to raise 15 billion yuan to 18 billion yuan through shares placement on August 13, b...
China Development Bank, which was converted from a policy lender into a stockholding commercial bank in late 2008, on Friday announced that it plans to issue by tender RMB 20 billion worth of five-year fixed rate bonds on Aug. 12.The interest on the bonds, this year's ninth batch, will be calculated on Aug. 19 and will...