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Herman Miller Inc announces agreement to acquire Design Within Reach

Thursday, 17 Jul 2014 04:30pm EDT

Herman Miller Inc:Announced that it has entered into an agreement to acquire Design Within Reach Inc.Says the company will acquire an ownership interest in DWR equal to about 84 pct for an estimated $154 million in cash.Following this transaction, President and CEO of DWR convert their remaining ownership interest in DWR for an approximate 8.5 pct ownership stake within a newly formed Herman Miller consumer business unit.

HNI Corp gives Q3 2014 guidance in line with analysts' estimates; raises low end of prior FY 2014 EPS guidance to a range in line with analysts' estimates - Conference Call

Thursday, 17 Jul 2014 11:00am EDT

HNI Corp:Anticipates Q3 2014 overall sales to be up 2 pct to 6 pct.Estimates Q3 2014 range of non-GAAP earnings per diluted share, excluding restructuring and transition costs is $0.68 to $0.73.Narrows FY 2014 estimated range of non-GAAP earnings per diluted share to $1.75 to $1.85.Reported revenue of $565.71 million in Q3 2013.Q3 2014 revenue of $598.30 million and EPS of $0.72 - Thomson Reuters I/B/E/S.FY 2014 EPS of $1.81 - Thomson Reuters I/B/E/S.

Herlitz publishes further information on Pelikan International Corporation integration of participations

Tuesday, 15 Jul 2014 06:50am EDT

Pelikan International Corporation Bhd:Herlitz AG says Management Board and Supervisory Board accept proposal of Pelikan International Corporation Berhad Malaysia on integration of equity participations of Pelikan Group into Herlitz.Herlitz AG says considers change of name from Herlitz AG to Pelikan AG.

ACAP Invest recommends shareholders to accept North Investment Group's offer

Friday, 11 Jul 2014 08:50am EDT

ACAP Invest AB:Says the company's Board recommends shareholders to accept offer made by North Investment Group AB (NTG) for shares in ACAP Invest.Acceptance period runs from June 30 to and including July 28.The offer is conditional upon NTG receiving acceptances from shareholders representing 90 percent of shares in ACAP Invest.


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

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