SHENZHEN SHENBAO TO SELL 10% STAKE IN PEPSI VENTURE
AsiaInfo Services, December, 2006
AsiaInfo Services 12-14-2006 Shenzhen Shenbao to Sell 10% Stake in Pepsi Venture SHENZHEN, Dec 14, 2006 (SinoCast via COMTEX) -- Shenzhen Shenbao Industrial Co., Ltd. plans to sell 10% of its shares in Shenzhen Pepsi Cola Beverage Company Limited to Pepsi Co. Investment (China) Ltd, at a price of not less than CNY 100 million but not more than CNY 110 million. Shenbao is a public company engaged in canned food and beverage products, with shares listed at Shenzhen Stock Exchange. Shenzhen Pepsi was established in December 1995, invested by Shenbao and Pepsi (China) with stake of 40% and 60% respectively. As of September 30 of 2006, Shenzhen Pepsi's audited book value of total assets stood at CNY 665.139 million, with debts of CNY 230.163 million and net assets of...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
Presented by American Express