Please click here for the the latest Deloitte China M&A weekly for your information.
These are among the transactions announced between September 10, 2010 – September 17, 2010:
- Anshan Iron & Steel Group inked an agreement with Steel Development Company to jointly build a steel rebar plant in the United States, at the total investment of US$168 million for a 14% stake.
- Li & Fung secured approval to acquire Integrated Distribution Services Group Ltd for US$8.97 billion.
- CR Gas is to acquire nine city gas projects at US$3,240 million.
Please contact Charles Knight in Toronto at 416-643-8329, Derek Alty in Toronto at 416-775-7209, Jeremy South in Vancouver at 604-640-3042 , Russell David in Montreal at 514-393-7358 or Chris Roberge in Hong Kong at 852-2852-5627 should you have any questions.
About The Chinese Services Group
The Canada Chinese Services Group (CSG) of Deloitte & Touche LLP co-ordinates with the Deloitte Touche Tohmatsu limited member firm in China and the appropriate subsidiary of Deloitte & Touche LLP to assist Canadian companies investing and operating in China. Whether contemplating market entry, M&A or optimization of existing operations, the CSG, in collaboration with the member firm in China, can help Canadian companies implement cross-border investment strategies and navigate the associated risks.
The CSG also co-ordinates with the China Member firm and the appropriate subsidiary of Deloitte & Touche LLP to assist Chinese companies seeking to access North American markets – expanding operations, raising capital and/or engaging in M&A. Our national network of bilingual professionals works closely with colleagues in China to deliver seamless service to globalizing Chinese companies.
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