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Vogiatzoglou decides to dissolve and release for liquidation of its unit Revos Management

Thursday, 6 Apr 2017 03:07am EDT

Vogiatzoglou Systems SA :Says it decided to dissolve and release for liquidation of the subsidiary company under the name Revos Management.

Kid ASA acquiring new lease agreements from Hansen & Dysvik

Friday, 24 Mar 2017 08:20am EDT

Kid ASA : Acquiring new lease agreements from Hansen & Dysvik .Kid Interiør AS, a fully owned subsidiary of Kid ASA, has agreed to pay a total of 9.5 million Norwegian crowns ($1.12 million) to Hansen & Dysvik as based on a successful completion of agreement.

Tempur Sealy amends rights plan to add qualified offer exemption provision

Wednesday, 15 Mar 2017 08:30am EDT

Tempur Sealy : Tempur Sealy amends rights plan to add qualified offer exemption provision . Rights Plan has an ownership trigger threshold of 20 pct .Rights Plan is of a limited duration and expires by its terms on February 7, 2018.

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.

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