The preliminary transaction, signed on July 19, 2012 has been finalized and closed, on time and on budget, following completion of all agreed conditions precedent. The total price of 10.7 m€ is being paid in cash (9.5 m€) from available liquidity and in TXT stock (238,854 new TXT common shares, for a value of 1.2 m€). These shares will be subject to lock-up until 31.12.2013, and the price will be adjusted to reflect Maple Lake cash and working capital at the date of closing.
Textiles | On 5th Dec 2016
Japanese manufacturer of speciality fibres Teijin Limited is merging...
Apparel/Garments | On 3rd Dec 2016
Myntra is on track to achieve sustainable growth and be EBITA...
‘One of the recent trends in hand block printing is the indigo process,...
‘Indian footwear market is nascent and largely a trend follower’
‘Online economy has changed the whole dynamics of buying habits.’
Bombay Textile Research Association
Bombay Textile Research Association (BTRA) is a leading name in textile...
About one in every 20 patients picks up an infection while hospitalised....
InvestKonsult Sweden AB
Investkonsult Sweden AB has been buying and selling second-hand textile...
Information Technology | On 24th Nov 2016