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Fortuna Entertainment shares rise near raised buyout offer price

Monday, 29 May 2017 03:07am EDT

May 29 (Reuters) - Fortuna Entertainment Group Nv :Fortuna shares rise after Fortbet raises offer price in voluntary buyout.shares up 6.5 percent at CZK 116.00 at 0704 GMT.Majority shareholder Penta, which holds a 68 percent share through its Fortbet Holdings unit, has raised the offer price in a voluntary buyout to CZK 118.04, from CZK 98.69 nP7N1I401D.Further company coverage: FORE.PR.

Hospitality Property Fund acquires 29 hotels from Tsogo Sun for 3.6 bln rand

Thursday, 18 May 2017 04:07am EDT

May 18 (Reuters) - Hospitality Property Fund Ltd :Entered into agreements with Cullinan Hotel Proprietary, Merway Fifth Investments and Southern Sun Hotels.Agreement for acquisition of portfolio of 29 hotel properties and each of hotel letting businesses conducted in respect of such properties.Deal for an aggregate purchase consideration of R3.6 billion.Hospitality's greater scale is expected to reduce its cost of funding whilst providing co with access to capital for future opportunities.Purchase consideration will be discharged by hospitality via cash payment to ssh of R1.03 billion on effective date.Purchase consideration will also be discharged via the issue to ssh by hospitality of 174mln hospitality ordinary shares.

Entertainment Gaming Asia confirms Melco International commenced unsolicited cash tender offer

Monday, 8 May 2017 09:00am EDT

May 8 (Reuters) - Entertainment Gaming Asia Inc :Entertainment gaming asia inc - today confirmed that melco international development limited through unit has commenced unsolicited cash tender offer.Entertainment gaming asia inc - unsolicited cash tender offer to acquire all outstanding shares of common stock, $0.001 par value of co.Entertainment gaming asia inc - to acquire all outstanding shares of common stock, $0.001 par value, of company at a price of $2.35 net per share..

Melco Resorts & Entertainment-launch of public offering of 27.8 million adss

Monday, 8 May 2017 07:05am EDT

May 8 (Reuters) - Melco Resorts & Entertainment Ltd : :Melco Resorts & Entertainment - launch of public offering of 27.8 million adss,82 million ordinary shares for 165.3 million ordinary shares, concurrent repurchase from Crown Resorts.Melco Resorts & Entertainment - upon completion of offering and repurchase expected to occur on May 15, crown will no longer hold any shares in Melco.

Berjaya Assets says a unit acquired 6.65 mln ordinary shares in 7-Eleven Malaysia

Wednesday, 3 May 2017 06:10am EDT

May 3 (Reuters) - Berjaya Assets Bhd -:Unit acquired 6.65 million ordinary shares representing 0.60% equity interest in 7-Eleven Malaysia Holdings Berhad.Deal for total cash consideration of approximately 10.74 million RGT or at an average price of RM1.61 per SEM share.Following the acquisitions, the BAssets group now holds about 2.22% equity interest in SEM.Acquisitions are not expected to have any material impact on the net assets, earnings of group for current fy ending 30 june 2017.

Highlight Event And Entertainment: EGM resolves an ordinary capital increase

Tuesday, 2 May 2017 09:24am EDT

May 2 (Reuters) - Highlight Event And Entertainment AG ::Extraordinary shareholders' meeting resolves an ordinary capital increase and the extension and increase of the authorized share capital.Shareholders' meeting approved proposed ordinary capital increase from currently 15,592,500 Swiss francs ($15.69 million)to maximum 62,370,000 francs with 99.98%.Issuance of up to 5,197,500 fully paid-up bearer shares with a nominal value of CHF 9 each.Hlee shares shall be paid up as follows: (i) 2,473,521 HLEE shares by a contribution in kind of a total of 15,076,308 individual shares of constantin medien ag.1,070,000 hlee shares shall be paid up by an offsetting with an offsettable loan claim of CHF 16,050,000 and.Subscriptions rights of current shareholders will be granted; each issued share will entitle its holder to subscribe for three new hlee shares at subscription price.Up to 1,653,979 hlee shares shall be paid up in cash, each with a subscription price of presumably CHF 15.Provided that ordinary capital increase of at least 3,500,000 hlee shares is implemented, board of directors will additionally be authorized to increase company's share capital by max of 2,538,426 HLEE shares until 2 May 2019.

Crown Resorts announces issue of options

Tuesday, 25 Apr 2017 09:22pm EDT

April 26 (Reuters) - Crown Resorts Ltd :issued a total of 14 million options to acquire a like number of fully paid shares in crown..options are unquoted options and have been issued to john alexander and a small number of senior executives.under terms of options, any shares to be delivered on vesting and exercise of options issued to john alexander must have been purchased on-market.Exercise price of each option is $11.431 less amount per share of special dividends and capital returns.shareholder approval is not required for issue..

Fortuna shares rise back to levels seen before Penta buyout offer

Friday, 21 Apr 2017 04:59am EDT

April 21 (Reuters) - Fortuna Entertainment Group Nv :shares rise 1.9 percent to 110 crowns in Prague, highest since before Fortbet public offer nL5N1H81RX.Fortuna's 68-percent shareholder Fortbet, part of Penta investment group, has announced a public offering at 98.69 crowns a share in Prague and 15.43 zlotys in Warsaw.offer price was a roughly 10 percent discout to the traded price at time of offer nL8N1HQ0Y8.

Hosken Consolidated Investments to acquire 2.7 mln HCI shares from HCI foundation

Monday, 3 Apr 2017 11:00am EDT

Hosken Consolidated Investments Ltd :To acquire 2.7 million HCI shares from HCI foundation for 140 rand per HCI share and purchase consideration of 376.3 million rand.

Highlight Event and Entertainment: board of directors to propose capital increase

Monday, 3 Apr 2017 12:44am EDT

Highlight Event and Entertainment AG :Board of Directors to convene an EGM and to propose to the shareholders of the company a capital increase by which the share capital of up to 15,592,500 Swiss francs can be increased to a maximum of 63,370,000 Swiss francs ($63.31 million) by issuing up to 5,197,500 shares with a par value of 9.0 francs.

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