Highways / Railtracks
CCR SA;s Subsidiary Completes Acquisition of 39% Stake in Curacao Airport Investments NV and In Result Holds 79.80% Stake in Curacao Airport Investments NV
CCR SA announced that on June 12, 2013 an agreement was concluded between its subsidiary CCR Espa a - Concesiones y Participaciones SL (CCR ESPA A) and Janssen de Jong Caribbean Airport Constructors NV (JANSSEN DE JONG) for the acquisition of a 39% stake in Curacao Airport Investments NV (CAI), who is holder of a 100% stake in Curacao Airport Partners NV (CAP), a concessionaire of HATO International Airport, international airport of Curacao and of 100% stake in Curacao Airport Real Estate Enterprises NV (CARE), a holding company. Transaction value is USD 15,781,000. After the acquisition, CCR ESPA holds directly and indirectly a 79.80% stake in CAI.
Henan Zhongyuan Expressway Co Ltd Announces Capital Injection into Sub-subsidiary
Henan Zhongyuan Expressway Co Ltd announced that it plans to inject RMB 280 million into a Zhumadian-based real estate company, which is wholly owned by the Company's 98.175%-owned subsidiary, a Henan-based real estate company (Subsidiary A). After the injection, the Company will hold a 93.33% stake in the target company, while Subsidiary A's holdings in it will decrease to 6.67%.
DAIYOSHI TRUST CO Ltd Announces Outcome of Takeover Bid Launched by Daiwa House Industry Co Ltd
DAIYOSHI TRUST CO Ltd announced that Daiwa House Industry Co Ltd has acquired 2,542,300 shares of DAIYOSHI TRUST CO Ltd. at the price of JPY 1,066 per share, during the period from April 17, 2013 to June 3, 2013. The payment will be conducted on June 7, 2013. As a result, Daiwa House Industry Co Ltd will become the top shareholder of DAIYOSHI TRUST CO Ltd, holding 94.09% voting rights, up from 0%. The former top shareholder, an individual, will no longer hold any voting right of DAIYOSHI TRUST CO Ltd, down from 61.03%.
Hubei Chutian Expressway Co Ltd to Acquire Building
Hubei Chutian Expressway Co Ltd announced that it will acquire a building located in Hongshan District, Wuhan, from a Wuhan-based real estate development company for up to RMB 122 million.
Guangxi Wuzhou Communications Co Ltd's Subsidiary to Acquire Equity Shares
Guangxi Wuzhou Communications Co Ltd announced that its wholly owned subsidiary, a Guangxi-based real estate company, will acquire a combined 100% stake in a Qinzhou-based forestry investment company, as well as debt of RMB 347,330,800 of the target company, from a Qinzhou-based comprehensive forestry development company for RMB 6 million,
Atlantia SpA and Generale Mobiliare Interessenze Azionarie SpA Update on Conditions Precedent of Merger Plan
Atlantia SpA announced that, together with Generale Mobiliare Interessenze Azionarie SpA (Gemina), they have received consent for the Merger from the groups’ respective creditor banks. As a result, all the conditions precedent set out in the Merger Plan have been fulfilled to date, with the exception of clearance from the Italian Antitrust Authority, which was notified of the transaction on April 12, 2013. The transaction will be submitted for approval by extraordinary general meetings of the shareholders of Atlantia and Gemina to be held (in first call) on April 30, 2013 and by the special general meeting of Gemina’s savings shareholders to be held (in first call) on April 29, 2013.
Daiwa House Industry Co Ltd to Launch Takeover Bid for Shares of DAIYOSHI TRUST CO Ltd
Daiwa House Industry Co Ltd announced that it has decided to launch a takeover bid for shares of DAIYOSHI TRUST CO Ltd. Daiwa House Industry intends to acquire 2,702,100 shares or at least 1,649,100 shares in DAIYOSHI TRUST, for JPY 1,066 per share (JPY 2,880 million in total for 2,702,100 shares), during the period from April 17, 2013 to June 3, 2013. If Daiwa House Industry acquires as many as 2,702,100 shares, it will hold a 100% stake in DAIYOSHI TRUST. As a result, DAIYOSHI TRUST may be delisted from Fukuoka Stock Exchange.
StorageVault Canada Inc Announces Completion of Acquisition of Assets of Airport Road Self-Storage
StorageVault Canada Inc announced that it has completed the acquisition of all the assets and business (collectively the Acquisition) of Airport Road Self Storage, a self-storage facility located in London, Ontario. The purchase price for the Acquisition was $2,575,000 (subject to customary adjustments). After standard customary adjustments and property transfer tax the purchase price was comprised of cash deposits of $50,000, and a final cash payment of $2,525,000. The Acquisition is subject to Final Acceptance of the TSX Venture Exchange.
CCR SA's Subsidiary Acquires 39% Stake in Curacao Airport Investments NV and in Result Holds 79.80% in Curacao Airport Investments NV
CCR SA announced that its subsidiary CCR Espa a - Concesiones y Participaciones SL (CCR ESPA A) on March 21, 2013 signed an agreement with Janssen de Jong Caribbean Airport Constructors NV (JANSSEN DE JONG) for the acquisition of a 39% stake in Curacao Airport Investments NV(CAI), who is holder of a 100% stake in Curacao Airport Partners NV (CAP), a concessionaire of HATO International Airport, international airport of Curacao and of 100% stake in Curacao Airport Real Estate Enterprises NV (CARE), a holding company. Transaction value is USD 15,546,000. JANSSEN DE JONG will be a direct holder of a 10% stake in CAI. After the acquisition, CCR ESPA will hold directly and indirectly a 79.80% stake in CAI.
Shandong Hi-speed Co Ltd and Subsidiary to Acquire Equity Shares
Shandong Hi-speed Co Ltd announced that its wholly owned subsidiary, a Shandong-based investment development company, will acquire a 51% stake in a Zhangpu County-based tourism development company from Ji'nan-based industrial group for up to RMB 153 million. The Company will also directly acquire a 44.9% stake in a Yunnan-based industrial group and claims of RMB 417.30 million in the target company, or indirectly acquire the equity shares and claims through its subsidiary, from a Fujian-based industrial group, for up to RMB 685 million.
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Sector Summary
| Energy |  +0.42% |
| Basic Materials |  -0.46% |
| Industrials | -0.04% |
| Cyclical Goods & Services | +0.44% |
| Non-Cyclical Goods & Services | +0.02% |
| Financials | +0.13% |
| Healthcare | +0.01% |
| Technology | +0.61% |
| Telecoms | +0.46% |
| Utilities | -0.29% |
| DOW | 15,034.28 | +59.32 |
+0.40% |
| S&P 500 | 1,622.37 | +7.41 |
+0.46% |
| NASDAQ | 3,447.19 | +12.70 |
+0.37% |
| TR US Index | 147.37 | +0.72 |
+0.49% |
Analyst Research
| Report Title | Price |
|---|---|
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Provider: Edison Investment Research
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$10.00
|
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Provider: Finlabo SIM Spa
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$10.00
|
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Provider: SADIF-Investment Analytics, S.A.
|
$25.00
|
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Provider: GlobalData
|
$125.00
|
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Provider: GlobalData
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$125.00
|
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