Sinopec wants to buy Tanganyika Oil Ltd. (TYK.T) for 2 billion dollars
China Petrochemical Corporation plans to buy Tanganyika Oil Ltd. (TYK.T) for 2.07 billion CADs (for about 2 billion dollars). Yesterday, Sinopec Group, the people accepted the “Daily News”, to say the acquisition plan is in progress, and the timetable for the completion of the final is not sure, but the success of the acquisition is unknown. Because, TYK.T also needs the approval of shareholders.
How much the increase of holdings of major shareholders can support?
More importantly, the support price is for the company’s performance and development prospects. In no uncertain market trends, controlling shareholder of the investment holdings may not be reliable. Shareholder motivation of holdings is different, and their company’s stock traded on the secondary market is for more long-term plans with a high throw & some bargain-hunting colors.
White giant Siemens became the ammunition of a price war between the Gome and Suning
Following the Suning Appliance being released the news this week, that on the Second National Day Golden Week Siemens refrigerator would depreciate, Gome and Dazhong who have been fighting respectively, yesterday announced a joint statement, to say that the joint operation will be a big advantage of size to launch greater offensive toward Siemens refrigerator.
Wen Jiabao: The development of Chinese economy has not changed in basic side.
2008 annual meeting of the new leader (Summer Davos Forum) on September 27 began at 16:40-17:30 pm, and the sixth plenary meeting was held. Premier Wen Jiabao attended the opening plenary session, as the Part of the record following.
Two kinds of rate down, “Gold October & Silver September” maybe the good opportunity of buyer for hunters
With lending rate and deposit reserve ratio both downing and the downturn giving the property market numerous reverie, it was even boasted that Chongqing property market will warm because of this. Recently, the reporter interviewed some real estate industry.
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