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FT.com - Companies Asia-Pacific
FT.com - Companies Asia-Pacific

FT.com - Companies Asia-Pacific
  • Li Ka-shing pays £5.8bn for UK utility
    EDF Networks has low-voltage electricity distribution networks in the east and south of England, long-term contracts with businesses such as London Underground, Heathrow and Gatwick, and the Channel Tunnel

  • KNOC set to complete bid package for Dana
    Korea National Oil Corporation is close to arranging the loans needed to launch a formal £1.7bn offer for Dana Petroleum as the UK oil explorer battles to convince its shareholders to push for a higher offer

  • Sony raises full-year profit forecasts
    The Japanese electronics and entertainment group reports an unexpectedly strong first quarter marked by robust sales of flat-screen televisions and PlayStation video game consoles

  • Chinalco and Rio sign $1.35bn Guinea deal
    Pact allows the Chinese state-owned miner to buy in to a rich iron ore project in Guinea, in a move that places both mining companies at the centre of multi-billion-dollar scramble for west Africa's iron ore

  • US divided on how to tackle Huawei
    US government agencies charged with reviewing sensitive acquisitions are engaged in a debate over how to handle Huawei, the Chinese software and telecoms equipment-maker viewed with deep scepticism by government security experts

  • Aegis bids for Australian agency
    The media agency is to make its largest acquisition for a decade by offering about £207m for Mitchell Communication Group, Australia's largest media-buying agency

  • Panasonic bids for green energy units
    Japanese electronics group bets on the future of green energy by offering to buy out minority shareholders in two subsidiaries specialising in lithium-ion batteries, solar cells and other environmental technology

  • BIS gold swaps mystery is unravelled
    Deals that sparked fall were 'mutually beneficial'

  • Smartphone trend lifts HTC revenues
    The Taiwanese smartphone maker is emerging as one of the biggest beneficiaries from the growing popularity of smartphones, as it reveals a 58% jump in revenues in the second quarter

  • Panasonic: Going green
    Japanese electronics company is in search of a niche it can dominate