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).