Food Retail & Distribution

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Alimentation Couche-Tard Inc. and The Pantry, Inc. announces definitive merger agreement

7:00am EST

Alimentation Couche-Tard Inc:Announces definitive merger agreement under which Couche-Tard will acquire The Pantry in an all-cash transaction valued at $36.75 per share, with total enterprise value of about $1.7 bln including debt assumed.The terms of the agreement were unanimously approved by Boards of Directors of both companies.The transaction price represents premium of 27 pct to The Pantry's closing share price on Dec. 16, last trading day prior to public media reports that The Pantry, Inc. was exploring a potential transaction, and premium of 39 pct to the 30-day average share price ending on Dec. 16.

Alimentation Couche-Tard Inc. and The Pantry, Inc. announces definitive merger agreement

7:00am EST

Alimentation Couche-Tard Inc:Announces definitive merger agreement under which Couche-Tard will acquire The Pantry in an all-cash transaction valued at $36.75 per share, with total enterprise value of about $1.7 bln including debt assumed.The terms of the agreement were unanimously approved by Boards of Directors of both companies.The transaction price represents premium of 27 pct to The Pantry's closing share price on Dec. 16, last trading day prior to public media reports that The Pantry, Inc. was exploring a potential transaction, and premium of 39 pct to the 30-day average share price ending on Dec. 16.

Carrefour SA welcomes Península into the capital of its Brazilian subsidiary with 10 pct stake

2:15am EST

Carrefour SA:Says the Brazilian investment company Península, chaired by Abilio Diniz, is taking a 10 pct stake in its subsidiary in Brazil.Says this opening of the capital of the Brazilian subsidiary could also include a listing on the Brazilian stock exchange in the future.Península, through its Península II Fundo de Investimento em Participações fund, is investing an amount of 1.8 bln reais (525 mln Euros) to take a 10 pct stake in Carrefour's Brazilian subsidiary, valuing the company at 20.4 bln reais.Says in addition, Península holds options allowing it to raise its stake to a maximum level of 16 pct within the next five years.Says closing of the transaction is immediate.

Crawshaw Group Plc announces appointment of chief executive officer

2:00am EST

Crawshaw Group Plc:Appoints Noel Collett as the chief executive officer, and he is expected to take up his new role on March 01, 2015, when he will also be appointed as a director of Crawshaw.

Dairei Co Ltd announces listing on TSE second section and issues year-end dividend forecast for FY 2015

Wednesday, 17 Dec 2014 06:00pm EST

Dairei Co Ltd:Says its stock began listing on Tokyo Stock Exchange (TSE) second section on Dec. 18.Issues year-end dividend forecast of 50 yen per share, for FY ending March 2015.

Permira plans no counter-bid for Hawesko Holding AG

Tuesday, 16 Dec 2014 11:21am EST

Hawesko Holding AG:Was infomed by Permira in the afternoon, that Permira has no intention to make counter-bid.

Super Daiei agrees on takeover bid by Izumi

Tuesday, 16 Dec 2014 01:30am EST

Super Daiei Co Ltd and Izumi Co Ltd:Izumi to offer takeover bid to acquire up to 2,150,000 shares of Super Daiei, at 183 yen per share (up to 393,450,000 yen in total) from Dec. 17, 2014 to Feb. 5, 2015.Izumi aims to raise voting rights in Super Daiei to 4,575 (51.04 pct voting power) from 2,425 (27.06 pct voting power).Settlement start on Feb. 12, 2015.

MARUKYU CO LTD announces merge between subsidiaries

Monday, 15 Dec 2014 03:30am EST

MARUKYU CO LTD:Subsidiary Chuo food CO.,LTD plans to merge with subsidiary Chuoshoji Co., Ltd.Merger effective date on March 1, 2015.Says the subsidiary Chuoshoji Co., Ltd will be dissolved after the transaction.

MARUKYU CO LTD to dissolve subsidiary

Monday, 15 Dec 2014 03:30am EST

MARUKYU CO LTD:To dissolve a subsidiary located in Yamaguchi, Japan, which has been engaged in financing business for union members, on Jan. 31, 2015.The liquidation will be completed on April 30, 2015.The company is holding 100 pct stake indirectly in the subsidiary.

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