TEVA OFFERS TO BUY MYLAN FOR $40 BILLION -- 5TH UPDATE
Teva Pharmaceutical Industries Ltd. launched a $40 billion bid
for Mylan NV, bringing into focus the latest battle lines in a
fight for heft in the drug industry. (published 0116 GMT)
CAPITAL ENVIRONMENT HOLDINGS: PLAN TO RAISE UP TO HK$2.25 BILLION VIA RIGHTS ISSUE
Capital Environment Holdings Ltd., a Hong Kong-listed
environmental infrastructure services provider, said Wednesday it
plans to raise up to HK$2.25 billion via a rights issue to fund
mergers and acquisitions, and other investment opportunities.
(published 0108 GMT)
CHINA RONGSHENG REACHES CONSENSUS OVER POSSIBLE SALE OF SHIPBUILDING ASSETS
China Rongsheng Heavy Industries Group Holdings Ltd . reached a
consensus with relevant government authorities and other parties
over a possible sale of its core shipbuilding and offshore
engineering businesses to a listed company in mainland China.
(published 0214 GMT)
JICHENG UMBRELLA IN TALKS OVER POSSIBLE BUSINESS COOPERATION FOR PRODUCT DISTRIBUTION
Jicheng Umbrella Holdings Ltd. is in talks with an independent
party over possible cooperation in product distribution. (published
0114 GMT)
CAPITACOMMERCIAL TRUST FIRST QUARTER DISTRIBUTION PER UNIT RISES 3.9%
CapitaCommercial Trust said Wednesday its first-quarter
distribution per unit rose 3.9% from a year earlier after a gain in
net property income and gross revenue. (published 0121 GMT)
SEMBCORP MARINE SECURES CONTRACT WORTH S$56 MILLION FROM TEEKAY OFFSHORE PARTNERS
Sembawang Shipyard, a unit of Sembcorp Marine Ltd., has secured
a S$56 million contract to convert a shuttle tanker to a floating
storage and offloading vessel. (published 0118 GMT)
EMPEROR CAPITAL GROUP: SEE 'SIGNIFICANT INCREASE' IN PROFIT FOR SIX MONTHS ENDED MARCH 31
Emperor Capital Group Ltd., a Hong Kong-listed financial
services provider, said Tuesday it expects a 'significant increase'
in profit for the six months ended March 31, buoyed by continued
growth in its business. (published 0128 GMT)
SINGAPORE TELECOMMUNICATIONS: RECEIVED ASX APPROVAL TO DELIST IN AUSTRALIA
Singapore Telecommunications Ltd. Wednesday said it has received
approval from ASX Ltd. to delist its CHESS Depositary Interests in
Australia. (published 0129 GMT)
CAMBRIDGE INDUSTRIAL TRUST: 1Q GROSS REVENUE UP 17% AT S$27.5 MILLION
Cambridge Industrial Trust said Wednesday its distribution per
unit fell 2.1% from a year earlier in the first quarter despite a
gain in net property income and gross revenue. (published 0138
GMT)
NOBLE PROMISES MORE TRANSPARENCY
Commodities trader Noble Group Ltd. has committed to more
transparency following a dispute with three analyst firms over its
accounting methods, and provided additional disclosures about some
of its most controversial transactions. (published 0055 GMT)
TRW TO SELL LINKAGE AND SUSPENSION UNIT TO THK
TRW Automotive Holdings Corp. agreed to sell its Linkage and
Suspension unit to Japan's THK Co. for $400 million, subject to
adjustments. (published 0010 GMT)
JAPAN'S ELECTRICITY EXCHANGE GETS NASDAQ TECHNOLOGY UPGRADE
Japan's main wholesale electricity exchange is getting a
technology upgrade as part of the government's efforts to
significantly open up the nation's electricity sector for the first
time in over 60 years. (published 0003 GMT)
VERIZON FACES MORE CHALLENGES OVER SLIM NEW PAY TV BUNDLES -- 3RD UPDATE
The simmering struggle over the familiar bundle of
cable-television channels broke into open warfare Tuesday as owners
of some of the most popular channels accused Verizon Communications
Inc. of violating contracts in its bid to offer slimmer, cheaper
packages of pay TV. (published 0037 GMT)
NATIONAL OILWELL CFO TO BECOME CEO OF TRANSOCEAN
National Oilwell Varco Inc. Chief Financial Officer Jeremy D.
Thigpen is resigning to become chief executive of offshore driller
Transocean Ltd. (published 0112 GMT)