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Steinhoff says terminates negotiations related to proposed Shoprite transaction

Monday, 20 Feb 2017 03:44am EST

Steinhoff : Says companies have decided to terminate their negotiations related to proposed shoprite transaction . Says pic, titan and steinhoff could not reach agreement on exchange ratio that would apply to share exchange .Says shareholders of steinhoff and shoprite are advised that caution is no longer required to be exercised by shareholders when dealing in their steinhoff and/or shoprite securities.

Steinhoff, Shoprite still in talks over potential deal

Tuesday, 31 Jan 2017 01:59am EST

Steinhoff :Shoprite/Steinhoff remain engaged in exclusive on-going negotiations regarding potential sale of Steinhoff's Africa retail assets to Shoprite.

Metro's Media-Saturn buys Floesch stores in southern Germany

Friday, 27 Jan 2017 03:20am EST

Metro AG's Media-Saturn : Says buys Floesch's two stores in southern Germany in first offline buy since 2004, no price details Further company coverage: [MEOG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).

Kroger Co moves all its C-store business to McLane Co

Thursday, 26 Jan 2017 04:18pm EST

Kroger Co : The Kroger Co, the Cincinnati-based parent company of Loaf 'n Jug, Turkey Hill Minit Market, Tom Thumb, Kwik Shop and Quik Stop moves all its c-store business to mclane company .Mclane Company Inc - announced a service agreement with Cincinnati, Ohio-based Kroger Co. and its 787 C-stores located across 18 states.

Lianhua Supermarket's unit subscribes product from Wenzhou Bank for RMB400 mln

Tuesday, 24 Jan 2017 05:35am EST

Lianhua Supermarket Holdings Co Ltd <0980.HK> : Unit Lianhua Huashang, subscribed for Wenzhou Bank Wealth Management product from Wenzhou Bank in amount of RMB400 million .Board considers that such utilization of funds does not cause any adverse impact on working capital of co.

China Shun Ke Long Holdings says Shun Ao entered into an agreement

Monday, 23 Jan 2017 07:48pm EST

China Shun Ke Long Holdings Ltd <0974.HK>: Offeror, the vendors, the guarantor and Shun Ao entered into the sale and purchase agreement . Deal for a consideration of HK$640.3 million . Offeror has agreed to purchase the sale shares, representing approximately 55.80% of entire issued share capital of co .Offeror is CCOOP International; Golden Prime, Xing Nong, Jian Nong are the vendors; Lao Songsheng, as guarantor for the deal.

China Shun Ke Long Holdings says Shun Ao entered into an agreement<0974.HK>

Monday, 23 Jan 2017 05:09pm EST

China Shun Ke Long Holdings Ltd <0974.HK>: Offeror, the vendors, the guarantor and Shun Ao entered into the sale and purchase agreement . Deal for a consideration of HK$640.3 million . Offeror has agreed to purchase the sale shares, representing approximately 55.80% of entire issued share capital of co .Offeror is CCOOP International; Golden Prime, Xing Nong, Jian Nong are the vendors; Lao Songsheng, as guarantor for the deal.

ABR enters MOU to acquire target companies

Wednesday, 18 Jan 2017 04:36am EST

ABR Holdings Ltd : Abr Holdings Limited (Memorandum Of Understanding In Relation To The Proposed Acquisition Of The Chilli Padi Group) . Entered into a memorandum of understanding dated 18 January 2017 . MOU with shareholders of Chilli Api Catering, Chilli Padi Nonya Catering Pte. Ltd. and Chilli Padi Nonya Restaurant Pte. Ltd . MOU in relation to acquisition of entire shares in capital of holding company of target companies which is to be incorporated in Singapore .Been granted period of up to 20 weeks from date of MOU to conduct due diligence on CHILLI PADI GROUP.

Toho to buy Singapore wholesaler Tomo-Ya Japanese Food Trading Pte.Ltd

Monday, 16 Jan 2017 01:07am EST

Toho Co Ltd<8142.T>: Says it plans to buy entire stake in a Singapore-based wholesaler, Tomo-Ya Japanese Food Trading Pte.Ltd. . Says the acquisition price is not disclosed .Says effective date on Jan. 18.

Jeronimo Martins to buy back control over JMRS and Hussel Iberia

Thursday, 22 Dec 2016 05:25am EST

Jeronimo Martins SGPS SA : Said on Wednesday it will buy back the control over 100 percent of the share capital of Jeronimo Martins Restauracao e Servicos SA (JMRS, the company which operates Jeronymo Coffee Shops) and 51 percent of the share capital of Hussel Iberia Chocolates e Confeitaria SA (Hussel Iberia) .Said that this operation will have no material impact on financial statements.

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