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Department Stores

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Alibaba announces proposal to privatize Intime Retail

Monday, 9 Jan 2017 06:11pm EST

Alibaba Investment Ltd: Alibaba announces proposal to privatize Intime Retail . Says maximum amount of cash required for proposal is expected to be approximately HK$19.8 billion .Alibaba to become controlling shareholder of Intime, expected that its shareholding in co would increase to approximately 74%.

Intime Retail Group announces proposal for privatisation

Monday, 9 Jan 2017 05:40pm EST

Intime Retail Group Co Ltd <1833.HK> : on 28 December 2016, joint offerors requested board to put forward proposal to scheme shareholders . proposal regarding proposed privatisation of company . application has been made by company to stock exchange for resumption of trading in shares on stock exchange on 10 january 2017 .scheme shares will be cancelled in exchange for payment by joint offerors to each shareholder of cancellation price of hk$10.00 for each share..

The Howard Hughes Corp purchases Macy's store at Landmark Mall

Monday, 9 Jan 2017 07:00am EST

Howard Hughes Corp : The howard hughes corporation purchases Macy's store at Landmark Mall .Has acquired 11.4 acre Macy's store and Parking Field at Landmark Mall in Alexandria, VA.

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