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New Zealand honey business Comvita has entered into a conditional agreement to acquire the remaining 49 per cent of its China joint venture, Comvita Food Ltd and Comvita China Limited. The acquisition will be funded through the issuing of 4.05 million new…
Australian Ambassador to Indonesia Paul Grigson has welcomed the new partnership between Australian company Blackmores and Indonesias Kalbe that will allow new vitamin products to enter the local market. Blackmores will initially supply eight products in…
Bebe Stores has entered into a joint venture with Bluestar Alliance to take over its global marketing and store operations, including in Asia. Bluestar, a privately owned brand management company founded in 2006, has paid US$35 million to Bebe Stores for its…
Shareholders of Malaysia’s largest duty-free operator Duty Free International Ltd have approved a strategic partnership with Heinemann Asia Pacific for a sale of up to 25% equity interest plus one share in DFZ Capital Berhad (DFZ). The sale and purchase…
South Korea’s retail conglomerate Lotte Group said Sunday that it plans to form a joint e-commerce venture with Indonesia’s biggest conglomerate Salim Group to grab a pie of the rapidly growing e-commerce market in Indonesia. According to Lotte Group, its…
D.M. Wenceslao and Associates, Inc. (DMWAI), a developer with one of the largest landbanks in Metro Manila, is teaming up with Hongkong Land through a joint venture (JV) between their respective subsidiaries, Portal Holdings, Inc. and Hongkong Land…
