Food Retail & Distribution

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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.

Companhia Brasileira de Distribuicao to incorporate nine subsidiaries

Friday, 12 Dec 2014 05:28am EST

Companhia Brasileira de Distribuicao:Says will deliberate the incorporation of its wholly-owned subsidiaries.Says to incorporate Vedra Empreendimentos e Participacoes S/A, Gpa 4 Empreendimentos E Participacoes S/A, Ecqd Participacoes Ltda., Api Spe 06 - Planejamento e Desenvolvimento de Empreendimentos Imobiliarios Ltda.It will incorporate also Gpa 5 Empreendimentos e Participacoes S/A, Monte Tardeli Empreendimentos e Participacoes S/A, P.A. Publicidade Ltda., Vancouver Empreendimentos e Participacoes Ltda., Duque Conveniencias Ltda.If the incorporation is approved, it will be effective on Dec. 31.Company's reorganization aims to simplify its structure and reduce operating and administrative expenses.

Tallinna Kaubamaja AS announces merger of subsidiaries

Thursday, 11 Dec 2014 09:55am EST

Tallinna Kaubamaja AS:Plans to merge the activities of subsidiaries in the group that are involved in security business – Topsec Turvateenused OU (company to be acquired) will be merged into Viking Security AS (acquiring company).Says as a result of the merger, Viking Security AS will remain, the sole shareholder of which will become Tallinna Kaubamaja AS.Says the activities of the company will be continued under the business name of the acquiring company, Viking Security AS.Says the merger will most likely be registered in the Commercial Registry in the spring of 2015 due to the fact that the 2014 Annual Report of Topsec Turvateenused OU will be used as the final balance sheet in the merger.

X5 Retail Group NV to close down E5.ru online store-Interfax

Monday, 8 Dec 2014 07:10am EST

X5 Retail Group NV:X5 Retail Group is closing down the E5.ru online store effective from Jan. 1, 2015. E5 will stop taking orders on Dec. 10, X5 said-Interfax.X5 launched E5.ru in Feb. 2012.Sales totaled 502 million Russian roubles in 2012 and 1.4 billion roubles in 2013, or 0.1 pct and 0.2 pct respectively of consolidated X5 revenue.

YAOKO to merge with wholly owned subsidiary

Monday, 8 Dec 2014 01:00am EST

YAOKO CO LTD:To merge with a wholly owned subsidiary, which has been engaged in food processing in Saitama, Japan, effective April 1, 2015.The company to be surviving company and subsidiary to be dissolved.

KOBE BUSSAN CO LTD subsidiary G Taste Co Ltd to transfer business to its subsidiary

Friday, 28 Nov 2014 02:00am EST

KOBE BUSSAN CO LTD:Subsidiary G Taste Co Ltd to transfer educational business to its new wholly owned subsidiary that to be established in Nagoya on Jan. 5, 2015.Transaction effective Jan. 5, 2015.

Kesko Oyj to restructure divisions; cuts 227 jobs

Thursday, 27 Nov 2014 02:01am EST

Kesko Oyj:Kesko to change its divisional structure and seek more competitive multi-channel home and speciality goods trade.Starting from Jan. 1, 2015, Kesko Group's reportable segments will be the grocery trade, the home improvement and speciality goods trade, and the car and machinery trade.Says building and home improvement trade and the home and speciality goods trade will be combined into the home improvement and speciality goods trade division.Says will reduce 193 jobs as a result of the negotiations regarding the division restructuring.Says will also cut 34 jobs from VV-Auto and VV-Autotalot.

Toho Co Ltd announces merger between subsidiaries

Tuesday, 25 Nov 2014 01:00am EST

Toho Co Ltd:Says two wholly owned subsidiaries TSK and a Tochigi-based real estate management company, to merge into one subsidiary, effective Feb. 1, 2015.TSK as surviving subsidiary.

Toho Co Ltd to take over business from subsidiary

Tuesday, 25 Nov 2014 01:00am EST

Toho Co Ltd:To take over food (exclude wine) supplying business from wholly owned subsidiary TOHO Marketing Support Co.,Ltd, on Feb. 1, 2015.

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