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Braas Monier Building Group says board continues to reject offer price of 25 eur/shr

Friday, 14 Oct 2016 06:22am EDT

Braas Monier : Board continues unanimously to reject the offer price of 25 euros ($28.00) per share . Standard industries published its offer document in relation to public takeover offer for all outstanding shares in Braas Monier Building Group S.A. for a cash consideration of 25 euros per share . Board of directors of Braas Monier continues unanimously to recommend to reject offer price of 25 euros per share because it contains no customary premium for control .Offer price is at a discount to Braas Monier closing price on 13 October 2016 of 26.26 euros.

LSI Industries announces closure of lighting facility in Kansas City

Thursday, 22 Sep 2016 09:00am EDT

LSI Industries Inc : LSI Industries Inc. announces closure of its lighting facility in Kansas City and consolidation of its technology facility in Beaverton, Oregon . Will record estimated restructuring costs totaling, in aggregate, between $1.1 million and $1.3 million over first, second and third fiscal quarters. . Company anticipates that closing will occur not later than December 31, 2016. . Expects closure of facility will result in annual net operating profit improvement and cost savings of about $1.4 million .Taken action to consolidate its small LSI controls facility in Beaverton, Oregon into other LSI facilities by about September 30, 2016..

Daiken plans merger with real estate leasing unit

Monday, 5 Sep 2016 02:10am EDT

Daiken Corp <7905.T> : Says it plans to merge with its wholly owned Toyama-based real estate leasing subsidiary, effective on Dec. 31 .Says the unit will be dissolved after the transaction.

Zhejiang Dragon Pipe Manufacturing to dissolve Cangzhou branch

Friday, 19 Aug 2016 05:20am EDT

Zhejiang Dragon Pipe Manufacturing Co Ltd <002619.SZ>:Says it plans to dissolve Cangzhou-based branch.

Guangdong Golden Glass' shares to resume trade after regulator rejects acquisition plan

Wednesday, 10 Aug 2016 05:27am EDT

Guangdong Golden Glass Technologies Ltd <300093.SZ> :Says its shares to resume trading on Aug 11 after securities regulator rejects assets acquisition plan.

LG Hausys to merge with Hausys Interpane

Friday, 22 Jul 2016 03:32am EDT

LG Hausys <108670.KS> Ltd.: Says it will merge with unit, Hausys Interpane, Ltd. . Says merger ratio of 1:0 between the co and the unit .Merger effective date of Nov. 1 and registered date of Nov. 4.

Dvarcioniu Keramika to conduct restructuring

Thursday, 14 Jul 2016 10:00am EDT

Dvarcioniu Keramika AB : To restructure the company . To increase authorized capital by 3.5 million euros ($3.89 million) .To set that authorized capital is being increased by issuing 6.0 million new shares with par value 0.58 euros each.

Home Center to divest ready-mixed concrete business into new unit

Thursday, 14 Jul 2016 01:52am EDT

Home Center <060560.KQ> Co., Ltd: Says it will divest business ready-mixed concrete business into new wholly owned unit .Expected division effective date is Sept. 1.

Wuhu Conch Profiles and Science updates merger between units

Wednesday, 15 Jun 2016 04:27am EDT

Wuhu Conch Profiles and Science Co Ltd <000619.SZ>: Says Wuhu-based wholly owned new material subsidiary A has merged an Anhui-based wholly owned color printing subsidiary B .Says subsidiary B has been dissolved after merger.

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