Passenger Transportation, Ground & Sea

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Autohellas SA approves merger by absorption of Vacar SA and share capital increase

9:51am EDT

Autohellas SA:Approves merger by absorption of Vacar SA.Approves share capital increase by issuance of new shares after merger.

Hurtigruten ASA recommends takeover bid

Wednesday, 29 Oct 2014 03:25am EDT

Hurtigruten ASA:Says Silk Bidco AS announces a voluntary cash offer for 100 pct of the shares in Hurtigruten ASA.Says under the terms of the Offer, Hurtigruten shareholders will receive 7.00 Norwegian crowns per share, valuing the total share capital of Hurtigruten at around 2.9 billion Norwegian crowns.Says pre-acceptances in respect of the Offer together with shares owned by parties connected with Silk Bidco, represent 55.87 pct of the total issued share capital of Hurtigruten ASA.Says the independent members of the board of directors of the company have unanimously decided to recommend the Offer.

Avis Budget Group Inc agrees to acquire its budget licensee for Southern California and Las Vegas

Friday, 24 Oct 2014 08:30am EDT

Avis Budget Group Inc:Agrees to acquire its Budget Car Rental licensee for southern California and Las Vegas for about $210 mln, plus cost of acquired fleet.Group expects to fund acquisition with available cash and incremental corporate debt borrowings.


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Provider: Edison Investment Research
Provider: Zacks Investment Research Inc.
Provider: Zacks Investment Research Inc.
Provider: GlobalData
Provider: Reuters Investment Profile

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