news updates

Horii Food Service 52.51% stake to be acquired by Integral Corp unit TBI Holdings


TBI Holdings, a Tokyo-based restaurant, entertainment and real estate business backed by Integral Corp., will be the largest shareholder of Horii Food Service [TYO:3077], the Ibaraki, Japan-based restaurant chain operator, as of 9 June after acquiring a controlling stake in a tender offer, Horii... ... read more

Shaftesbury investor Samuel Tak Lee increases stake above 19%, fuelling takeover speculation


Shaftesbury [LON: SHB] announced that Hong Kong-based shareholder Samuel Tak Lee increased his stake in the UK-based property group to more than 19% on 1 June. A market report in The Times said the move fuelled takeover speculation. Lee is the largest shareholder in Shaftesbury and unsuccessfully... ... read more

Continuum Wind Energy unit to receive investment from Eastspring Investments


A subsidiary of Singapore-based Continuum Wind Energy has recently entered into an investment agreement with Eastspring Investments, the Asian asset management business of UK-based Prudential. The India-based firm, Watsun Infrabuild will receive an investment of an undisclosed amount from... ... read more