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Yotrio Group raises stake in smart home firm to 100 pct from 39 pct

Thursday, 17 Nov 2016 01:01am EST

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.

Egetæpper acquires the majority of Carpet Concept

Wednesday, 16 Nov 2016 09:30am EST

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 acquires UK licensee and nine La-Z-Boy furniture galleries stores in US

Tuesday, 15 Nov 2016 04:30pm EST

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 announces proposed acquisition of 60% of capital of A & G International Holdings Ltd

Thursday, 27 Oct 2016 06:53am EDT

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 announces closing of share transfer agreement to sell its China-based subsidiaries

Wednesday, 26 Oct 2016 07:45am EDT

Nova Lifestyle Inc :Nova Lifestyle announces closing of share transfer agreement to sell its China-based subsidiaries to Kuka Design Limited.

Walker Greenbank enters conditional agreement to buy Clarke & Clarke

Wednesday, 12 Oct 2016 02:00am EDT

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 signs share transfer agreement to sell China-based subsidiaries to Kuka Design

Thursday, 29 Sep 2016 04:05pm EDT

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 plans to acquire stakes in bedding manufacturing service provider

Monday, 26 Sep 2016 05:48am EDT

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 updates on termination of MOU

Thursday, 18 Aug 2016 05:38am EDT

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 buys Lianxun Education Technology via cash and share issue

Thursday, 11 Aug 2016 11:07pm EDT

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.

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