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2017-05-16 11:00:00

WL Ross in talks with Shandong Ruyi to sell entire stake in OCM India

WL Ross and Co. Llc, global distressed assets and special situations investor are currently in talks with Chiinaâ€™s Shandong Ruyi group to sell its entire stake in textile maker OCM India Pvt.

2014-12-16 10:00:00

Chinese group acquired one fourth of Masood Textiles total shareholding

Shanghai Challenge Textile Company, a Chinese company purchased 14.6 million shares of Faisalabad-based company Masood Textile Mills, which constitutes 24.3% shares roughly one fourth of the total

2014-12-11 11:00:00

RIL JV with Ruyi Chinese firm to move its textile business on high growth path

Reliance Industries Ltd (RIL) entered into the textile business in a small way in 1970s, and since then grown to be a Fortune Global 500 company through backward vertical integration. Reliance on

2014-10-01 14:00:00

Chinese firm Shandong Ruyi withdraws from acquiring Masood Textile Mills in Pakistan

A group of investors led by a Chinese company Shandong Ruyi Science and Technology Group, who were to acquire Masood Textile Mills Faisalabad-based, vertically-integrated textile manufacturing

2014-01-03 12:15:00

Shandong Ruyi to take over major share of Pakistan textile enterprise

Chinese top textile conglomerate Shandong Ruyi Group is ready to take over major share of a Pakistanâ€™s textile enterprise Masood Textile Mills (MTM), one of the most technologically advanced

2014-01-03 12:15:00

Shandong Ruyi to take over major share of Pakistan textile enterprise

Chinese top textile conglomerate Shandong Ruyi Group is ready to take over major share of a Pakistanâ€™s textile enterprise Masood Textile Mills (MTM), one of the most technologically advanced

2016-02-13 16:00:00

Japanese investment fund Integral to acquire apparel company Itokin

Japanese investment fund Integral will acquire apparel company Itokin for an estimated 16.5 billion yen ($144 million) to lead its turnaround efforts. Itokin, the struggling Japanese apparel giant's

2015-07-11 11:00:00

Two Chinese companies have acquired stakes in Masood Textile Mills

Zhejiang Xinao Industry, a Chinese company has acquired 12.7% shares worth 7.6 million in Masood Textile Mills a vertically-integrated textile manufacturing company with in-house yarn, knitting,

2015-03-05 18:10:00

RIL gets approval from CCI for joint venture in textile business with Chinese firm

Reliance Industries Ltd (RIL), India's largest private sector company, on Tuesday said it 'had entered into a definitive agreement for a joint venture in business with China's Shandong Ruyi Science

2014-01-15 13:00:00

Chinese yarn makers shifting overseas unhappy by local cotton prices

Chinese yarn makers have started shifting production overseas to secure cheaper raw materials, even going as far afield as the United States. The world's largest, firms such as Hong Kong-listed