Business Support - Supplies

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John Wiley & Sons signs definitive agreement to acquire CrossKnowledge

8:00am EDT

John Wiley & Sons Inc:To acquire CrossKnowledge for $175 mln in cash.Transaction is expected to close on May 1.

Il Sole 24 Ore SpA signs agreement to sell 24 ORE Software to TeamSystem

1:43am EDT

Il Sole 24 Ore SpA:Signs an agreement with TeamSystem SpA for the disposal of the 100 pct interest in 24 ORE Software SpA, holder of 80 pct of the share capital of Diamante SpA.Says the scope under the disposal includes all of the software assets of the 24 ORE Group.The enterprise value agreed with TeamSystem is 117.5 million euros, while the equity value, net of the net financial position, is estimated at around 104 million euros.Says Il Sole 24 ORE will receive the price for the disposal of a receivable equal to about 14 million euros.Based on these amounts, Il Sole 24 ORE realizes a capital gain of about 24 million euros, considering the consolidated carrying amounts at Dec. 31, 2013.The price is paid fully in cash and the collection of the sum of 22.5 million euros is deferred in accordance with the technical terms of the agreement.The transaction is expected to be finalized over the next 60 days.

Eqs Group AG takes over TodayIR

Monday, 14 Apr 2014 04:00am EDT

Eqs Group AG:Acquires 100pct of shares of Online Investor Relations- and news service provider TodayIR Holdings Ltd.Purchase price is about 4.5 mln euros.

ASKUL to fully acquire and merge with Shouri

Monday, 14 Apr 2014 03:00am EDT

ASKUL Corp:To acquire 100 pct stake in Shouri Co., ltd. after Shouri's transfer of liquor sales business, on July 1 with transaction price undisclosed.To merge with Shouri on July 2 and dissolve Shouri after the merger.


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Provider: Valuation & Research Specialists
Provider: Edison Investment Research
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Provider: Edison Investment Research
Provider: Bohai Securities Co.,Ltd.

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