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Juventus Football Club SpA Announces Definitive Acquisition of Player Federico Peluso

Monday, 17 Jun 2013 12:30pm EDT

Juventus Football Club SpA announced that it has exercised the option right for the definitive acquisition of the player Federico Peluso from Atalanta Bergamasca Calcio S.p.A. for a consideration of EUR 4.8 million that will be paid in two fiscal years. This acquisition will generate economic and financial effects starting from July 1, 2013. The contract of employment signed by the player will last until June 30, 2017.

Cinemax India Ltd Announces Amalgamation With PVR Limited

Saturday, 15 Jun 2013 04:01am EDT

Cinemax India Ltd announced that the Board of Directors of the Company at meeting held on June 15, 2013, approved the amalgamation of Cinemax India Limited with PVR Limited. The Board of Directors of the Company, based on the Joint valuers report received from Independent Valuers, M/s. Hari Bhakti & Co. and M/s. S.S.P.A. & Co. -Chartered Accountants and further based on Fairness Opinion Report received from AXIS Capital, Category-I Merchant Banker and as per the report received from the Audit Committee recommending the draft scheme taking in to consideration inter-alia the aforesaid Valuation Reports, approved the Swap ratio i.e. for every seven equity shares of face value of INR5 each of Cinemax India Limited, issue of four equity shares of face value of INR10 each of PVR Limited. The Board of Directors also approved the Scheme of Amalgamation for the merger of Cinemax India Limited with PVR Limited.

Besiktas Futbol Yatirimlari Sanayi ve Ticaret AS Signs Player Contract

Friday, 7 Jun 2013 09:28am EDT

Besiktas Futbol Yatirimlari Sanayi ve Ticaret AS announced that it has signed Mr. Gunay Guvenc for 2013-2017 season. Besiktas will pay EUR 175,000 for every season plus EUR 5,000 for each game he plays.

PVR Ltd Announces Board Approval Of Cinemax India Ltd And Cine Hospitality Private Ltd

Friday, 7 Jun 2013 06:08am EDT

PVR Ltd announced that the Board of Directors at its meeting held on June 07, 2013 approved in-principle the proposed amalgamation of Cinemax India Ltd and Cine Hospitality Private Ltd a wholly owned subsidiary of the Company with PVR Ltd. AXIS Capital Category-I Merchant Banker inter-alia for providing Fairness Opinion Report. HARIBHAKTI & Co. and SSPA & Co. as Joint Valuers for valuation of PVR Limited and Cinemax India Ltd for determining the swap ratio for the proposed merger.

Fenerbahce Futbol AS Signs New Player

Wednesday, 5 Jun 2013 04:15pm EDT

Fenerbahce Futbol AS announced that it has signed Mr. Bruno Eduardo Regufe Alves as a new player for the 2013/2014, 2014/2015 and 2015/2016 football seasons. The Company also announced that it has paid Zenit Football Club a total of EUR 5.5 million as cancellation fee, and will pay EUR 2.5 million to Mr. Alves as a guaranteed salary per season.

China Jiuhao Health Industry Corp Ltd's Subsidiary To Acquire A PRC Company

Tuesday, 4 Jun 2013 05:54am EDT

China Jiuhao Health Industry Corp Ltd announced that on June 4, 2013, the Purchaser, a wholly owned subsidiary of the Company, entered into the Agreement with the Wang, Edward Dongqing (Vendor), pursuant to which, among other things, the Purchaser has conditionally agreed to acquire and the Vendor has conditionally agreed to sell the entire equity interest in the Target Company. The consideration for the Acquisition comprises HKD17,500,000 which shall be satisfied by the allotment and issue of the 25,000,000 Consideration Shares at the Issue Price of HKD0.7 per Consideration Share; RMB1,000,000 (equivalent to approximately HKD1.3 million) in cash to be settled no later than the latest time for such payment as to be allowed according to the approval document to be issued by the local authority of the Ministry of Commerce in respect of the Acquisition; and (RMB5,000,000 (equivalent to approximately HKD6.4 million) in cash to be paid in relation to the transfer or settlement of RMB5,000,000 of the Shareholder’s Loan.

Aknan Global Development for Real Estate Co Submit Mandatory Acquisition Offer to Acquire Remaining Shares of Flex Resorts and Real Estate Co KSCC

Monday, 3 Jun 2013 01:41am EDT

Aknan Global Development for Real Estate Co announced it has submitted a mandatory acquisition offer to acquire all the remaining shares of Flex Resorts and Real Estate Co KSCC’s share capital. Further details were not disclosed.

TUI Travel Plc To Buy 60 New Aircraft From Boeing Co-Reuters

Friday, 31 May 2013 02:19am EDT

Reuters reported that TUI Travel Plc said it would buy 60 new planes from Boeing Co with a value of $6.1 billion. It said the deal also included an option to purchase a further 90 aircrafts.

Genting Malaysia Bhd's Indirect Wholly-Owned Subsidiary Subscribes For 100 Units Representing Entire Equity Interest In Bimini SuperFast Operations LLC

Thursday, 30 May 2013 08:00pm EDT

Genting Malaysia Bhd announced that Bimini SuperFast Charter Limited, an indirect wholly-owned subsidiary of the Company, has subscribed for 100 units representing the entire equity interest in Bimini SuperFast Operations LLC (BSFO) for a total consideration of USD100 for the purpose of providing support operations for the ferry service in the United States of America. BSFO was formed in the State of Delaware, United States of America on May 20, 2013.

Cinemark Holdings Inc Purchases 10 Acres in Roanoke Texas

Thursday, 30 May 2013 04:48pm EDT

Cinemark Holdings Inc announced that it has closed on 10 acres of land to construct a new 14-screen, all-digital movie theatre in Roanoke, Texas. The complex will feature the Company`s new Cinemark NextGen design concept. Scheduled to open in Spring 2015, the new multiplex will be located north of Ft. Worth at the junction of Highway 170 and Highway 114. When completed Cinemark will have 21 theatres serving the DFW area.

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Provider: Edison Investment Research
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