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Arte Salon Holdings to dissolve consolidated subsidiary

Friday, 24 Apr 2015 04:00am EDT

Arte Salon Holdings Inc:To dissolve a consolidated subsidiary eye love nail located in Yokohama, Japan.Planned effective May 29.

WATABE WEDDING expects extraordinary loss and lowers full-year consolidated outlook for FY 2015; cancels year-end dividend payment for FY 2015

Friday, 24 Apr 2015 03:00am EDT

WATABE WEDDING CORP:Sees extraordinary loss of 234 mln yen as expense on shutdown of facilities and stores, for fiscal year 2015.Lowers full-year consolidated outlook for fiscal year ended March 31, 2015.Full-year revenue outlook of 44,200 mln yen lowered from 45,600 mln yen.Full-year operating profit outlook of a loss of 699 mln yen lowered from 100 mln yen.Full-year ordinary profit outlook of a loss of 400 mln yen lowered from 130 mln yen.Full-year net profit outlook of a loss of 1,800 mln yen lowered from a loss of 100 mln yen.Full-year earnings per share outlook of a loss of 181.65 yen lowered from a loss of 10.09 yen.Outlook lowered due to increased cost following yen depreciation, sluggish demands in hotel and domestic wedding business caused by price raise as well as market competition.Cancels year-end dividend payment, which was disclosed as an undetermined value, for fiscal year 2015.

Xiamen Insight Investment to offer preliminary non-binding proposal to acquire Xueda Education Group

Thursday, 23 Apr 2015 08:00pm EDT

Xiamen Insight Investment Co Ltd:To offer a preliminary non-binding proposal to acquire all of outstanding shares in Xueda Education Group, at $3.38 per ADS (American Depositary Share) or about $220 mln in total.

Cookpad offers takeover bid for shares of Minnano Wedding and announces capital and business alliance

Tuesday, 21 Apr 2015 03:30am EDT

Cookpad Inc:Cookpad offered a takeover bid for up to 2,047,000 shares (or no less than 1,544,178 shares) of Minnano Wedding, and announces capital and business alliance with it.Says Cookpad to increase voting rights in Minnano Wedding to 26.84 pct from 0 pct.Offered purchase price at 1,400 yen per share.Takeover bid total amount at 2,865,800,000 yen.Offering period from April 22 to May 25.Settlement starts on May 29.


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Provider: Wright Reports
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