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MM2 Asia says unit enters agreement with Lotus Fivestar Cinemas

Thursday, 18 May 2017 08:42am EDT

May 18 (Reuters) - Mm2 Asia Ltd :MM2 star screen on 17 may 2017, entered into a sale of business agreement with Lotus Fivestar Cinemas (M) Sdn Bhd.MM2 screen management has entered into a 2-year management agreement with Lotus Five Star Management.

A8 New Media Group says unit entered into partnership agreement

Monday, 15 May 2017 12:20am EDT

May 15 (Reuters) - A8 New Media Group Ltd <0800.HK>::Unit entered into partnership agreement with Qianhai Qingsong, Gongqingcheng Zhengyi and other investors.Group has agreed to invest RMB20 million to subscribe for approximately 3.23% interest in Qingsong Fund III in capacity of LP.

A8 New Media announces investment in Qingsong Fund III

Friday, 12 May 2017 08:48am EDT

May 12 (Reuters) - A8 New Media<0800.HK>:Investment In Qingsong Fund III .Agreed to invest RMB20 million to subscribe for approximately 3.23% interest in Qingsong Fund III in capacity of lp.

Vivendi says purchase of 100 pct of Havas would amount to 3.9 bln euros

Thursday, 11 May 2017 11:47am EDT

May 11 (Reuters) - Vivendi :Vivendi says acquisition of 100 percent of Havas shares would cost 3.9 billion euros, according to an online presentation.Vivendi says acquisition of Havas would strongly increase its group margins, according to an online presentation.Vivendi says aims to close Havas deal by end of June, according to an online presentation.

DHX Media to acquire Peanuts & Strawberry Shortcake

Wednesday, 10 May 2017 07:00am EDT

May 10 (Reuters) - DHX Media Ltd :DHX Media to acquire Peanuts & Strawberry Shortcake.DHX Media to acquire Peanuts & Strawberry Shortcake.DHX Media Ltd - total purchase price for this acquisition is $345 million.DHX Media Ltd - accretive transaction expands DHX Media's portfolio of children's ip..DHX Media Ltd - total purchase price for acquisition is us$345 million.DHX Media Ltd - boards of directors of DHX Media and Iconix have approved transaction.DHX Media-purchase price for deal to be paid through cash on hand, new debt financing facility and private placement offering of subscription receipts.DHX Media - as part of refinancing related to deal, co to redeem 5.875 pct senior unsecured notes due Dec 2, 2021 on terms as set out in indenture governing notes.DHX Media - entered agreement with underwriters to buy 100,000 subscription receipts of company at a price of c$1,000 per subscription receipt.DHX Media Ltd - fiscal 2018 calculated using pro forma june 30, 2017, adjusted ebitda expected to be us$105 million.DHX Media Ltd - proceeds of subscription receipts will be held in escrow and released to company upon completion of acquisition.DHX Media Ltd - if acquisition is not concluded within 120 days of issuance of subscription receipts, then subscription receipts will be cancelled.DHX Media Ltd - expects first year synergies of us$10 to $20 million from deal.

Vivendi reaffirms its long-term commitment to Telecom Italia

Friday, 5 May 2017 08:15am EDT

May 5 (Reuters) - Vivendi :Vivendi reaffirmed in a statement on Friday its long-term commitment to Telecom Italia. .A Telecom Italia shareholder meeting approved on Thursday the slate of board candidates submitted by Vivendi, which is Telecom Italia's top shareholder nL8N1I687W.

Creative China updates on possible acquisition

Friday, 5 May 2017 06:13am EDT

May 5 (Reuters) - Creative China Holdings Ltd <8368.HK>:Galaxy Media and vendor are still in process of discussing and negotiating terms and conditions of possible acquisition.MOU lapsed on 4 May 2017 and Galaxy Media were released from all obligations thereunder, save for any liability arising out of any antecedent breaches.No formal agreement has been entered into between Galaxy Media and vendor as at the date of this announcement.

Prime Focus Technologies signs deal with Turner Latin America

Thursday, 4 May 2017 03:22am EDT

May 4 (Reuters) - Prime Focus Ltd :Says Prime Focus Technologies signs deal with Turner Latin America.Says deal to provide work order and supply chain management along with end-to-end process monitoring of critical tasks.

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