UPDATE 4-China's Xinmao tries to dispel Draka bid doubts

Newswire

* Xinmao has financing bid from major China bank-adviser * Xinmao points to synergies with Draka in optical fibre * Says can double size of Draka in three to five years * Draka shares pare losses, up 0.2 pct (Adds comments from Xinmao adviser, updates shares) By Terril Yue Jones and Greg Roumeliotis BEIJING/AMSTERDAM, Nov 24 (Reuters) - Xinmao Group's financial adviser said the group had Chinese bank financing lined up for its $1.3 billion offer for Dutch cable maker Draka , in a ...

Premium Content (PAID Subscription Required)

"UPDATE 4-China's Xinmao tries to dispel Draka bid doubts" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
WardsAuto Blogs
Jul 11, 2014
blog

Vintage Car Owners Line Up for Fuel

“This is the greatest day ever!” declares Thomas Semaan, whose ’80 Chevrolet Corvette Stingray fueled up for a mere $8.60 instead of the $38 he would have paid for the same amount in today’s dollars....More
Jul 11, 2014
blog

Tesla Salespeople Would Make Great Museum Curators

The automaker’s salespeople do a couple of things right but enough wrong to finish dead last in a mystery-shopping study....More
Jul 10, 2014
blog

Barra Driving Change at GM

Under CEO Mary Barra, GM is the only one stepping up to change the conversation and fix the long-broken mechanisms for protecting consumers from potentially dangerous vehicle defects and compensating victims....More

Sponsored Introduction Continue on to (or wait seconds) ×