Yotrio Group Co., Ltd.<002489.SZ>: Says it used 0 yuan to complete acquisition of 61 percent stake in Zhejiang-based smart home firm .Says the co is holding 100 percent stake in the target firm.
Egetaepper A/S : Acquires the majority of Carpet Concept . Takes ownership of 75 pct of shares in Carpet Concept as of Dec. 1 2016 and remaining 25 pct of shares not earlier than 5 years ahead .Total price for 100 pct of company is fixed at 24 million euros ($25 million).
La-Z-Boy Inc : La-Z-Boy acquires U.K. Licensee and nine La-Z-Boy furniture galleries® stores in the U.S. . Existing furnico business outside of La-Z-Boy license will continue with its normal operations . Agreement will be effective January 1, 2017, and its results will be reported in company's upholstery segment . Nine stores acquired are profitable, will be quickly integrated into our retail segment and be accretive .Annual wholesale revenue for this business is approximately $42 million, based on current exchange rates.
Cacola Furniture International Limited : Pdf 1: Cacola Furniture Intl Limited (The Proposed Acquisition Of 60% Of The Capital Of A & G International Holdings Limited) . Total consideration to be paid by company to vendors for sale shares shall be equal to an amount of s$3.7 million . Deal to acquire 60% of entire issued and paid-up capital of a & g international holdings limited from vendors .Company entered into a sale and purchase of shares agreement with Nam Cheung Hoi, Arthur, Song Sumei and tse shu yan.
Nova Lifestyle Inc :Nova Lifestyle announces closing of share transfer agreement to sell its China-based subsidiaries to Kuka Design Limited.
Walker Greenbank Plc : Has entered into a conditional agreement with shareholders of Globaltex 2015 limited, parent company of globaltex limited . Initial consideration will be 25 million stg in cash on a debt free/cash free basis payable at completion of acquisition .Initial consideration is to be funded in part as to 17 million stg by way of a placing of 8,947,369 new ordinary shares at 190.0 pence per share.
Nova Lifestyle : Based subsidiaries to Kuka Design Limited for an aggregate purchase price of $8.5 million . Upon closing, company will no longer own nova bvi or its subsidiaries based in mainland China. . As a part of transaction, company incorporated a new direct wholly owned subsidiary Nova Samoa . Based subsidiaries to Kuka Design limited for an aggregate purchase price of $8.5 million .Under deal, company transferred another direct wholly owned subsidiary Nova BVI to Nova Samoa.
Hunan Mendale Hometextile Co Ltd <002397.SZ> :Says it plans to acquire 51 percent stake in bedding manufacturing service provider in Fujian province for 160 million yuan ($23.99 million).
Cacola Furniture International Ltd : Says "the company and the vendor have agreed to mutually terminate the mou with immediate effect" . Refers to the memorandum of understanding entered into with bh investments ltd .
The Great Wall Of Culture Group Holding Co Ltd Guangdong <300089.SZ>:Says it acquired 80 percent stake in Lianxun Education Technology via cash, share issue.