Boconcept Holding A/S :Layout Bidco notified Boconcept that merger control clearance from German competition authorities has been granted.
Guangdong Sitong Group <603838.SS>: Says it plans to buy a Guangdong education technology firm .Says details to be disclosed.
Poundland : CEO Jim McCarthy declines to comment on possible takeover bid from South Africa's Steinhoff Further company coverage: (London Newsroom) ((UK.online@Reuters.com; +44 (0)20 7542 7717;)).
Steinhoff Intl Hldgs : Statement re possible offer . Confirms acquired 61.2 million shares in Poundland which represent 22.78 pct of Poundland's issued share capital .Confirms that any possible offer for Poundland will be made in cash.
Poundland Group Plc : Response to Steinhoff announcement . Poundland shareholders are strongly advised to take no action . Notes announcement by Steinhoff that it is considering a possible offer for company . There can be no certainty that a firm offer will be made, nor as to terms on which any firm offer might be made .Will issue a further statement if and when appropriate.
Bed Bath & Beyond Inc : Bed Bath & Beyond Inc purchases one Kings Lane Inc . Purchase price was not material to Bed Bath & Beyond Inc . Bed Bath & Beyond Inc says purchase of one Kings Lane Inc did not affect Bed Bath & Beyond Inc's fiscal 2016 Q1 ended on May 28, 2016 . Co expects transaction to be slightly dilutive to net earnings per diluted share for fiscal 2016, after transaction and integration costs . Announced an all cash purchase of one Kings Lane Inc, a home décor and design company .Bed Bath & Beyond Inc purchases one Kings Lane Inc.
Alliance Data Systems Corp :Says its card services business and Bed Bath & Beyond to launch loyalty-driven co-brand credit card.
Beter Bed Holding NV : Acquisition Sängjätten in Sweden . Acquisition of 25 Sängjätten stores gives Beter Bed Holding access to Swedish market .Says will finance acquisition from its own resources.
Boconcept Holding A/S : Layout Bidco A/S to make a recommended conditional voluntary offer to buy all the shares in BoConcept Holding A/S . Layout Bidco A/S is affiliated to 3i Group plc and certain 3i managed investment entities . Layout Bidco to submit conditional voluntary public offer to purchase all B-shares in BoConcept Holding A/S for 500 Danish crowns ($75.31) in cash per B-share . Layout Bidco A/S will submit conditional voluntary public offer to purchase all non-listed A-shares in company for 615 crowns in cash per A-share . Layout Bidco A/S has received irrevocable undertakings equal to 67.5 pct of company's share capital and 81.5 pct of voting rights in company (excluding treasury shares) .Board of directors of BoConcept expects to recommend that shareholders of BoConcept accept offer.
Steinhoff :As of 16 may, Steinhoff either owned or had received valid acceptances from 111 million Darty shares, representing about 20.96 percent of its total share capital.