China Acquisition in Aerospace

One of the industry news items today was the announcement that China’s AVIC (Aviation Industry of China) is in talks to buy a small US airplane market. This is interesting on many levels and truly shows how the world is changing — lest anyone thought we...

2 Japanese Steel firms Merging

This week, two more Global 5000 companies announced they were merging … Nippon Steel and Sumitomo Metal Industries.  Just watching The Global 5000 companies on a regular basis we see mergers and combinations on a regular basis. This one feels different. It is...

Chinese Bank Signs Deal to Buy US Branches

In a news report today, Industrial & Commercial Bank of China (ICBC) has agreed to a deal to buy US branches of Bank of East Asia of Hong Kong. ICBC is 70% owned by the government of China and is number 13 in The Global 5000 banking sector with approximately $70...