Department Stores

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Nanjing Xinjiekou Department Store revises to issue new shares to acquire company and raise fund

Thursday, 23 Jul 2015 08:00pm EDT

Nanjing Xinjiekou Department Store Co Ltd:To issue 96,853,701 and 4,900,684 new shares of its common stock, at the price of 5.70 yuan per share, to acquire 100 pct stake in two companies from SanPower Group.Total acquisition price is 580 million yuan.To issue up to 37,686,803 new shares at the price of 5.13 yuan per share, through private placement, to raise up to 193.3333 million yuan.Says part of the proceeds raised through private placement will be used to pay the cash consideration in the acquisition, and the rest of the proceeds will be used to pay for agency fee.SanPower Group will raise in the company to 31,68 pct (259,251,567 shares) from 21.98 pct (157,497,182 shares).

Grand Ocean Retail Group subsidiary to acquire 100 pct stake in Quanzhou-based company

Wednesday, 22 Jul 2015 05:23am EDT

Grand Ocean Retail Group Ltd:A Quanzhou-based company to acquire 100 pct stake in a Quanzhou-based real estate development company at 325 million yuan.

Grand Department Store subsidiary to acquire properties

Monday, 20 Jul 2015 10:41pm EDT

Grand Department Store Co Ltd:Says its subsidiary, GRAND CHAIN STORE, to acquire land and building located in Seoul, from Seoul Central District Court.Transaction price of 34,100 mln won.Expected transaction settlement date of Aug. 21.

Harbin Churin Group Jointstock revises shares issuance for stake acquisition and fund raising plan

Friday, 10 Jul 2015 08:00pm EDT

Harbin Churin Group Jointstock Co Ltd:Revised shares issuance for stake acquisition and fund raising plan due to dividend payment.Revised issue price for issuance for stake acquisition plan to 5.85 yuan per share from 5.89 yuan per share, and to issue 232,136,752 shares.Revised issue price for fund raising plan to 5.26 yuan per share from 5.30 yuan per share, and to issue up to 85,551,330 shares to raise up to 450 mln yuan.

Aeon Hokkaido updates acquisition of business from Daiei

Wednesday, 8 Jul 2015 05:00am EDT

Aeon Hokkaido Corporation:To acquire general merchandise store (GMS) business in Hokkaido from The Daiei, Inc. by delivering 1,522,070 shares new issued common stock to Daiei, on Sep. 1.

B2W Companhia Digital announces acquisition of Sieve Group Brasil Tecnologia by subsidiary

Wednesday, 24 Jun 2015 08:13am EDT

B2W Companhia Digital:Says that its subsidiary 8M Participacoes Ltda signed a contract to acquire Sieve Group Brasil Tecnologia, for the price of 88.56 million Brazilian reais, plus $13.83 million, partially paid in cash at the signing and another at term.There is also a clause for additional payment of up to 7 million reais payment, 5 years after the closing of the deal.Contract signed with Usina Internet Group LLC (controlled by ACP Investments) and other minority shareholders.

Shanghai New World to fully acquire stake in Shanghai-based pharmaceutical subsidiary

Tuesday, 16 Jun 2015 08:00pm EDT

Shanghai New World Co Ltd:To acquire 40 pct stake in a Shanghai-based pharmaceutical subsidiary (target company), from Shanghai New World Holding Co., Ltd.Transaction price not disclosed.To hold 100 pct stake in the target company, after the transaction.

Chengshang Group to issue shares for stake acquisition

Monday, 15 Jun 2015 08:00pm EDT

Chengshang Group Co Ltd:To issue 1,161,488,018 shares at 7.37 yuan per share, to three companies in exchange for 100 pct stake in five department stores respectively.Transaction price is 8,560,166,700 yuan in total.

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