Appliances / Tools / Housewares

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Central Garden & Pet Co confirms receipt of unsolicited letter from Harbinger Group

Monday, 23 Jun 2014 07:26pm EDT

Central Garden & Pet Co:Says that it has received an unsolicited letter from Harbinger Group Inc.requesting that the company discuss with Harbinger a possible acquisition by Harbinger of all outstanding shares of Central's common stock at $10 per share in cash or, alternatively, the acquisition of the company's Pet segment for $750 million in cash, subject to due diligence.

Harbinger Group offers to acquire Central Garden & Pet Co for $10.00 per share in cash

Monday, 23 Jun 2014 07:00am EDT

Central Garden & Pet Co:Says Harbinger Group Inc (HRG) is offering to acquire, directly or through one of its affiliates, all of CENT for $10.00 in cash per share of Common Stock, Class A common stock and class B stock, representing a 27.5 pct premium.Says over the Company's unaffected Common Stock price of $7.84 at the close of business on June 6 (the last trading day before HRG publicly released its previous letter to CENT), or alternatively to acquire CENT's Pet Segment for $750 mln in cash.HRG also indicated that it may be able to further increase the value of its current proposals if the CENT Board engages in a constructive dialogue and grants access to customary diligence materials.

Lisi Group Holdings Ltd gives FY 2014 net profit outlook

Friday, 20 Jun 2014 07:22am EDT

Lisi Group Holdings Ltd:Expects to record a net profit for FY 2014 as compared to a net loss for the last year.The expected net profit of the Group was mainly attributable to the net valuation gain on investment properties.

Kang Yong Electric announces FY 2013/2014 dividend payment

Wednesday, 18 Jun 2014 10:32pm EDT

Kang Yong Electric PCL:Sets a cash dividend of 11.50 baht per share for the operating period from April 1, 2013 to March 31, 2014 (FY 2012/2013: 19.55 baht per share).Dividend to be paid on Aug 25 to shareholders of record on Aug 7.

Finedining Capital GmbH to launch voluntary public tender offer to shareholders of WMF AG

Wednesday, 18 Jun 2014 03:05pm EDT

WMF AG:Finedining Capital GmbH to launch voluntary public tender offer to shareholders of WMF AG.Finedining Capital GmbH to acquire preference bearer shares in WMF AG each representing pro-rata amount of the share capital of 2.56 euros per share against payment of cash consideration.Bidder intends to offer cash consideration of 53 euros per WMF preference share.

Thiensurat announces IPO and listing date

Tuesday, 17 Jun 2014 10:16pm EDT

Thiensurat PCL:To be listed on the Stock Exchange of Thailand (SET) on June 19.Says listing under the symbol of "TSR".By offering 86,000,000 common shares at a par value of 1.00 baht each.At 3.50 baht per share through initial public offering.Subscription and payment dates are June 11-13.

Sampo Corp announces change of chairman

Monday, 16 Jun 2014 05:54am EDT

Sampo Corp:Appoints Chen Shengtian as new chairman to succeed Fan Zhengfu, effective June 16.

Husqvarna AB launches new organization for forest and garden operations

Friday, 13 Jun 2014 02:30am EDT

Husqvarna AB:Says it will establish new organization for its forest and garden operations.Construction division will continue in current form.New organization will gradually be implemented and fully effective as of Jan. 1, 2015.Forest and garden operations will be organized in three global brand divisions representing three different business models: Husqvarna, Gardena and Consumer Brands.Husqvarna (including Zenoah), which are dealer channel centric brands that have recognition across many different forest and garden product segments, primarily for professionals and demanding consumers, will be headed by Pavel Hajman, who joined the group on June 1.Gardena, which is retail centric brand with recognition in consumer watering segment, will be headed by Sascha Menges, currently Head of Manufacturing and Logistics.Consumer Brands, which includes all other Group brands, such as PoulanPro, McCulloch and Flymo, will be headed by Alan Shaw, currently Head of Americas.Says most operational activities will primarily be organized within the divisions.To secure synergies and strategic alignment across the group a Group Operations division will be established.Group Operations will be headed by Valentin Dahlhaus, currently VP Demand and Supply Chain Management.To further secure synergies and strategic alignment, global staff functions such as Business Development and Technology Office will also be established.


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