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August 1 – China has acquired more than $50 billion worth of overseas oil and gas resources and assets since 2009 and has signed tens of billions of dollars in loan-for-oil deals with Venezuela, Brazil and Central Asian nations, according to Jefferies Hong Kong Ltd, a brokerage. The amount does not include CNOOC Ltd's (NYSE: CEO, HKG: 0883) recent $15.1 billion proposed bid for Canada's Nexen Inc (NYSE: NXY)
http://finance.qq.com/a/20120801/001477.htm
July 31 – Jilin Yatai Group Co (SHA: 600881), a cement maker as well as property developer, said it paid ¥74.56 million for a 3.59% stake in Lanhai Quanzhou Water Town (Tianjin) Development Co, increasing its holdings in the company to 6.94%. Lanhai Quanzhou Water Town, a sporting resort, posted ¥39.1 million in losses for the first five months of 2012.
http://www.yicai.com/news/2012/07/1946089.html
July 31 – Kidswant, a Nanjing, Jiangsu province-based chain selling children's products, said it has received $55 million in equity investment from Warburg Pincus LLC and that it will use the money to build more outlets.
http://www.linkshop.com.cn/web/archives/2012/219362.shtml
July 31 – Youngman Automobile Group Co, a privately owned Chinese bus and car maker based in Zhejiang province, plans to take a 74.9% stake in Germany's Viseon Bus GmbH for $12.24 million, Reuters reported, citing a local Chinese government website. Youngman will also invest an additional $9.8 million in the German company, including a $6.1 million loan. The deal has yet to be approved by China's National Development and Reform Commission. Founded in 2008, Pilsting, Bavaria-based Viseon Bus also makes trolley buses and coaches.
http://in.reuters.com/article/2012/07/31/viseon-youngman-idINL4E8IV1T820120731
July 27 – Sichuan Changhong Electric Co (SHA: 600839), a leading Chinese home appliance maker, said it plans to purchase 20% of Mianyang, Sichuan province-based Guohong Digital Telecommunication Co for ¥175.19 million. The target company posted ¥1.39 billion in revenues and ¥55.08 million in net profits last year.
http://www.yicai.com/news/2012/07/1936797.html
July 26 – Wanda Group, one of China's largest theater owners, won approval from both Chinese and US regulatory approvals to take over AMC Entertainment, which owns the second largest movie theater chain in North America, for $2.6 billion, including debts. Wanda also promised to inject an extra $500 million for AMC's future operations.
http://finance.qq.com/a/20120726/001099.htm
July 25 – Chengdu-based B-Ray Media Corp (SHA: 600880) plans to acquire Xiamen, Fujian province-based G-bits Network Technology Co for ¥1 billion, according to people familiar with the matter. Established in March 2004, G-bits specializes in R&D for online games.
http://www.marbridgeconsulting.com/marbridgedaily/2012-07-25/article/58019/rumor_b_ray_media_to_acquire_g_bits_network
$1 = ¥6.33
@2011 China Economy @ The China Perspective.
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