Onex Corp (5987.T)
Latest Key Developments (Source: Significant Developments)
Onex Corp:Says the company lowered the consolidated mid-year outlook for revenue to 2,507 mln yen from 2,708 mln yen for the fiscal year ending June 30, 2016.Operating profit forecast increased to 138 mln yen from 120 mln yen.Ordinary profit forecast increased to 144 mln yen from 103 mln yen.Net profit forecast increased to 79 mln yen from 47 mln yen.Earnings per share increased to 4.81 yen from 2.84 yen.Says profit outlook raised due to cost reduction. Full Article
LONDON Italy's Edizione Holding, the investment vehicle of the Benetton family, is preparing a bid for Italian packaging manufacturer Guala Closures, valued at more than 1 billion euros ($1.2 billion) including debt, three sources said.