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Shenzhen Jiawei Photovoltaic Lighting gets 100 pct stake in electricity firm

Friday, 3 Jun 2016 01:58am EDT

Shenzhen Jiawei Photovoltaic Lighting Co Ltd <300317.SZ> :Says it completes the acquisition of 100 percent stake in a Jinchang-based electricity company via shares issue and private placement.

Elemental Holding unit not buy stake in Gorenje Surovina

Wednesday, 1 Jun 2016 02:13am EDT

Elemental Holding Sa : Its unit, Tesla Recycling Sp. z o. o. Sp. k., says conditions for the acquisition of the 69.32 percent stake in Slovenia-based Gorenje Surovina d.o.o. have not been fulfilled . Says a material adverse effect occurred as 2015 EBITDA of Gorenje Surovina fell by 46 pct . Moreover, Tesla Recycling has not received the documents confirming the completion of particular stages of Gorenje group's reorganization .The company informed about starting the acquisition negotiations in April 2015 [nFWN0WZ03E].

Kuka says sees no white knight to disrupt Midea bid

Friday, 27 May 2016 07:49am EDT

Kuka CEO says emergence of a white knight bidder currently not an issue : CEO says emergence of a white knight bidder currently not an issue .Kuka CEO says sees no major impact on company from Volkswagen crisis fallout.

Sandmartin International announces placing agreement<0482.HK>

Tuesday, 24 May 2016 09:00am EDT

Sandmartin International Holdings Ltd <0482.HK>: Placing of new shares under general mandate <0482.HK> . The company entered into the placing agreement with the placing agent . Net proceeds of approximately hk$28.8 million . Intends to use the entire net proceeds as general working capital and prospective potential plans for future expansion .

Bharti Airtel concludes spectrum acquisition from Videocon Telecommunications

Tuesday, 24 May 2016 08:18am EDT

Bharti Airtel Ltd : Co has concluded the spectrum acquisition from Videocon Telecommunications .

SEB buys Germany's WMF from KKR in deal worth 1.59 billion euros

Monday, 23 May 2016 03:14pm EDT

Groupe SEB : Says to buy WMF from KKR . Says to pay 1.02 billion euros for WMF and assume 565 million euros in debt, plus 125 million euros in pension liabilities . SEB says to finance purchase with debt, maintain net debt/EBIDTDA ratio below 3 at end 2016 Further company coverage: [SEBF.PA] (Reporting By William Schomberg) ((william.schomberg@thomsonreuters.com;)).

China's Midea Group to disclose takeover offer for Germany's Kuka - WSJ

Tuesday, 17 May 2016 02:20pm EDT

:China's Midea Group to disclose takeover offer for Germany's Kuka - WSJ, citing a source.

Husqvarna AB says unit acquired Diamond Tool Supply Inc

Tuesday, 3 May 2016 02:39am EDT

Husqvarna AB:Says its construction division has acquired Diamond Tool Supply Inc. out of Michigan, USA.Acquisition will add sales of around USD 5.8m (approximately SEK 47m), mainly in the US, to Husqvarna Group's Construction division.Acquired operation will be included in Husqvarna Group's accounts as of May 3, 2016.

Bubang to merge with BusanTextile

Wednesday, 27 Apr 2016 03:17am EDT

Bubang Co., Ltd:To merge with BusanTextile, to improve operating efficency and create synergy.Merger ratio of 1 : 1.3832512 between company and BusanTextile.11,066,009 new shares will be issued for the merger.Expects merger effective date of Aug. 1 and registered date of Aug. 3.Company will survive and BusanTextile will be dissolved after the merger.

Elec-Tech International unit to fully acquire illumination company

Monday, 25 Apr 2016 08:00pm EDT

Elec-Tech International Co Ltd:Says its unit to acquire 100 pct stake in a Dalian-based company which is engaged in illumination products provision business.Says transaction price of 200.7 mln yuan.

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