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Adventus to dispose all shares in capital of Apphia Advanced Materials

Friday, 21 Jul 2017 10:28am EDT

July 21 (Reuters) - Adventus Holdings Limited ::Proposed disposal of all the shares in the capital of Apphia Advanced Materials Pte Ltd.Entered into a sale and purchase agreement with Lim Keng Hock Jonathan and Tecnisco Limited.Pursuant to sale and purchase agreement, consideration for sale of paid up capital of target company shall be an amount of S$1.4 million.Pursuant to agreement co shall dispose of its entire interest in share capital of its unit, Apphia Advanced Materials.

Service Point reaches marketing agreement with Boehringer Ingelheim

Friday, 21 Jul 2017 08:31am EDT

July 21 (Reuters) - SERVICE POINT SOLUTIONS SA ::SAYS REACHES 2 YEAR SERVICE AGREEMENT WITH BOEHRINGER INGELHEIM TO PROVIDE PRINT MANAGEMENT SERVICES.OPERATION TO GENERATE RECURRING SALES VALUED AT 1.5 MILLION EUROS DURING DURATION OF AGREEMENT.

Sanko Sangyo to fully acquire Malaysia-based subsidiary

Friday, 21 Jul 2017 01:19am EDT

July 21 (Reuters) - Sanko Sangyo Co Ltd <7922.T>:* Says it will acquire 3 million additional shares of Malaysia-based subsidiary, for 4.9 million ringgit, in July .* Says it will raise voting power in the subsidiary to 100 percent from 70 percent .

Tien Wah Press says has decided to cease its printing business

Thursday, 20 Jul 2017 06:07am EDT

July 20 (Reuters) - Tien Wah Press Holdings Bhd :Tien Wah Press (Malaya) decided to cease its printing business in line with group’s re-organisation of its production footprint.Total of 237 employees will be made redundant by the proposed cessation‍​.Proposed cessation will not have any material effect on the gearing of the group.Board of directors anticipates that upon the proposed cessation, TWPM shall remain as a dormant company.proposed cessation will affect group for current FY ending 31 dec 2017; impact consolidated earnings being a cost of RM12.19 million.Proposed cessation is expected to be completed by fourth (4th) quarter ending 31 December 2017.

R&I affirms Dai Nippon Printing's rating at "AA-" and says stable outlook-R&I

Thursday, 20 Jul 2017 02:55am EDT

July 20 (Reuters) - Dai Nippon Printing Co Ltd <7912.T>:* Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "AA-"-R&I.* Rating outlook stable-R&I.

De La Rue says expectations for 2017/18 remain unchanged

Thursday, 20 Jul 2017 02:00am EDT

July 20 (Reuters) - De La Rue Plc :Group's order book remains strong at end-q1, providing good visibility and confidence at this early stage of financial year.Group's performance expected to be weighted towards h2 of financial year, in line with previous years.There was an "unfavourable" mix of orders in q1, but this is expected to normalise throughout rest of year.Board's expectations for 2017/18 remain unchanged.

Multi-Color to pay EUR 50 million if deal with Constantia Flexibles terminated under some condition - SEC Filing

Wednesday, 19 Jul 2017 12:24pm EDT

July 19 (Reuters) - Multi-Color Corp ::If deal with Constantia Flexibles terminated due to failure to obtain regulatory clearances, co to pay fee of EUR 50 million - SEC Filing.In connection with deal, co entered into a commitment letter on July 16, 2017 with Bank Of America, N.A., Merrill Lynch, among others.Commitment letter provides to co a $250 million senior secured term loan A facility, a $400 million senior secured term loan B facility.Commitment letter provides to co a $400 million senior secured revolving facility, up to a EUR 400 million senior unsecured bridge facility.Proceeds from senior secured credit facilities, bridge facilities to refinance existing revolving credit facility, pay cash portion of deal.

Brilliant Circle expects HY profit attributable to decrease by about 20 pct

Monday, 17 Jul 2017 10:05am EDT

July 17 (Reuters) - Brilliant Circle Holdings International Ltd <1008.HK>:For HY group is expected to record a decrease of profit attributable of approximately 20 pct.Expected result due to absence for six months ended 30 June 2017 of reversal of bad debt.

BRIEF-Wendel: Constantia Flexibles sells Labels business to Multi-Color for €1.15 bln enterprise value

Monday, 17 Jul 2017 09:12am EDT

Repeats to add country code:* Wendel welcomes today’s announcement by Constantia Flexibles, one of the world’s leaders in flexible packaging, that it has signed an agreement to sell its Labels business to Multi-Color Corporation, for an enterprise value of approximatley €1.15 billion (1.3 billion USD)..* Majority of the transaction is payable in cash, while Constantia Flexibles will hold a 16.6% equity holding in Multi-Color, thereby becoming its largest shareholder .* Transaction will make a positive contribution to long-term value creation at Constantia Flexibles, which is 60.5% owned by Wendel, its majority shareholder .

Wendel: Constantia Flexibles sells Labels business to Multi-Color for €1.15 bln enterprise value

Monday, 17 Jul 2017 08:43am EDT

July 17 (Reuters) - Wendel ::* Wendel welcomes today’s announcement by Constantia Flexibles, one of the world’s leaders in flexible packaging, that it has signed an agreement to sell its Labels business to Multi-Color Corporation, for an enterprise value of approximatley €1.15 billion (1.3 billion USD)..* Majority of the transaction is payable in cash, while Constantia Flexibles will hold a 16.6% equity holding in Multi-Color, thereby becoming its largest shareholder .* Transaction will make a positive contribution to long-term value creation at Constantia Flexibles, which is 60.5% owned by Wendel, its majority shareholder .

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