Leisure & Recreation

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Shanghai Oriental Pearl (Group) Co Ltd to acquire stake in Shanghai-based company

Wednesday, 10 Dec 2014 07:00pm EST

Shanghai Oriental Pearl (Group) Co Ltd:To acquire a 42.18 pct stake in a 15.57 pct owned Shanghai-based property company, from a Shanghai-based television development company (22.52 pct stake) and a Shanghai-based asset management company (18.76 pct stake).Transaction amount 435,345,228.26 yuan.Says to hold a 56.85 pct stake in, after transaction.

BTG Hotels (Group) to acquire stake in a Ningbo-based company and sell stake in BTG International Travel & Tour

Monday, 8 Dec 2014 07:00pm EST

BTG Hotels (Group) Co., Ltd:To acquire 70 pct stake in a Ningbo-based company, which is mainly engaged in real estate business, catering and accommodation business.Transaction amount of 280 mln yuan.To hold 70 pct stake in the Ningbo-based company, after the transaction.To sell 51 pct stake in BTG International Travel & Tour, to Beijing-based tourism company.Transaction amount of 40.29 mln yuan.To hold 0 pct stake in BTG International Travel & Tour, after the transaction.

ClubCorp Holdings Inc announces acquisition of Oro Valley Country Club

Thursday, 4 Dec 2014 06:39pm EST

ClubCorp Holdings Inc:Says acquisition of Oro Valley Country Club, private previously member-owned club located in northwest Tucson at base of Santa Catalina Mountains.ClubCorp plans million-dollar reinvention project that will include improvements to golf course, clubhouse and outdoor patio.

Shanghai Oriental Pearl (Group) Co Ltd updates change of shareholding structure

Wednesday, 3 Dec 2014 07:00pm EST

Shanghai Oriental Pearl (Group) Co Ltd:Shanghai Media Group Limited will take over 10.09 pct (321,411,686 shares) stake in the company from Radio and Television Shanghai for free.Shanghai Media & Entertainment Group indirectly hold 55.32 pct stake in the company through Shanghai Media & Entertainment Holding Group and Shanghai Media Group Limited.Shanghai Media & Entertainment Group will directly hold 55.32 pct stake in the company after merging with Shanghai Media & Entertainment Holding Group and Shanghai Media Group Limited.

Atomic world media signs asset purchase agreement with SEC receiver to acquire assets Of JCS Enterprises

Tuesday, 2 Dec 2014 09:30am EST

Atomic Paintball Inc:Says on Nov. 20 company dba Atomic World Media signed an asset purchase agreement.To acquire certain assets owned or licensed by JCS Enterprises, Inc.

Corporate Travel Management Ltd to acquire Chambers Travel and Diplomat Travel, to be funded by a A$45.5 million fully underwritten Entitlement Offer.

Tuesday, 2 Dec 2014 12:41am EST

Corporate Travel Management Ltd:Announces acquisition of two companies.Chambers Travel (CT), travel management company headquartered in London, with operations in England, Scotland, France, Germany, The Netherlands, Switzerland, Sweden and Czech Republic.Diplomat Travel (DT), travel management company headquartered in Washington DC, USA.Purchase price will be funded by fully underwritten 2 for 35 renounceable entitlement offer of fully paid ordinary shares to eligible shareholders at A$8.80 per share to raise A$45.5 million.Acquisitions are targeted to take effect from Jan. 2, 2015.Base consideration for Chambers Travel is 23.6 million pounds (A$43.7 million), being a mixture of cash and CTD shares, with maximum consideration over a three year period of 39.0 million pounds (A$72.2 million).Base consideration for Diplomat Travel is $7.58 million (A$8.9 million), being mixture of cash and CTD shares, with maximum consideration of $9.5 million (A$11.2 million).

Advance Synergy Bhd's indirect subsidiary announces acquisition of 50 pct equity interest in SH Tour Co

Monday, 1 Dec 2014 07:00pm EST

Advance Synergy Bhd:Says via its indirect wholly-owned subsidiary, OET, enters into a Share Purchase Agreement to acquire 35,000 shares representing 50 pct equity interest in SH Tour Co., Ltd for a cash consideration of US$800,000.Proposed Acquisition will be funded via internally generated funds and/or bank borrowings.On completion of the Proposed Acquisition, SH Tour will become an indirect 50 pct associated company of ASB.

Straco Corporation Ltd 's subsidiary announces acquisition of the business and assets of Singapore Flyer Pte. Ltd; enters into facility agreement

Thursday, 27 Nov 2014 06:44pm EST

Straco Corporation Ltd:Refers to the announcement made on Aug. 28, in relation to the acquisition.Says the completion of the acquisition has taken place on Nov. 27.Says it was stated that the acquisition will be funded through credit facilities to be taken by the purchaser for the acquisition as well as the internal resources of the Group and the internal resources of WTS Leisure Pte. Ltd.Says its subsidiary, the purchaser, had entered into a facility agreement with DBS Bank Ltd, dated Nov. 12 in relation to a secured credit facility of up to S$84,000,000.00.Says the proceeds of which were utilised for the partial satisfaction of the purchase consideration.

Cell MedX Corp announces acquisition of proprietary technology for treatment of diabetes and related ailments

Wednesday, 26 Nov 2014 09:00am EST

Cell MedX Corp:Completes the acquisition of proprietary technology for the treatment of diabetes and related ailments from the inventors of the Technology, Jean Arnett and Bradley Hargreaves.Consideration for technology, the company paid to Arnett and Hargreaves total of $100,000 and issued to Arnett and Hargreaves options to purchase up to an aggregate of 20,000,000 shares of the company's common stock, having an initial exercise price of $0.05 per share.

SFX Entertainment Inc acquires 50 pct of Alda Holding B.V

Tuesday, 25 Nov 2014 08:00am EST

SFX Entertainment Inc:Says it has acquired 50 pct of Alda Holding B.V., an Amsterdam-based company that is in developing, producing and promoting dance music events and experiences around the world.Financial terms of the transaction were not disclosed.

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