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Swire Pacific in talks to buy Coca-Cola bottling assets in China: Bloomberg

November 17, 2016 by · Leave a Comment 

(Reuters) – Hong Kong conglomerate Swire Pacific Ltd is in talks to buy Coca-Cola Co's bottling assets in China from Cofco Corp's [CNCOF.UL] China Foods Ltd unit, Bloomberg reported. A potential deal could value the business at about $1 billion and the companies could announce a deal as soon as this week, Bloomberg said, citing people familiar with the matter. Swire…

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Swire Pacific in talks to buy Coca-Cola bottling assets in China: Bloomberg

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Foreign banks shaken by Malaysia’s move to halt currency slide

November 17, 2016 by · Leave a Comment 

By Saikat Chatterjee and Praveen Menon HONG KONG/KUALA LUMPUR (Reuters) – Foreign banks in Malaysia on Thursday were trying to work out how to comply with the central bank's clamp-down…

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Foreign banks shaken by Malaysia’s move to halt currency slide