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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).

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