Snippets Corner: 12 November 2009 – DKS, WOW, CPB
November 11, 2009
Danks Holdings Limited (DKS) said Carboxy Pty Ltd, the joint venture between Woolworths Limited (WOW) and Lowes Companies, Inc, has received acceptances from Danks shareholders totalling 96.2% of the ordinary issued shares in regards to yesterday’s takeover offer. Following the closure of the offer on November 19 Carboxy said it would move to compulsory acquisition of the outstanding shares it does not own.
Campbell Brothers Limited (CPB) announced that it has signed a share purchase agreement to acquire 100% of Ecowise Environmental Pty Limited for $51 million. Campbell Brothers said Ecowise has annual revenues of about $55 million, and operates laboratories and aligned environmental services in Australia, focusing on the water sector. Ecowise employs over 380 staff operating across 17 eastern seaboard laboratories and offices.
Campbell Brothers Limited (CPB) announced that it has signed a share purchase agreement to acquire 100% of Ecowise Environmental Pty Limited for $51 million. Campbell Brothers said Ecowise has annual revenues of about $55 million, and operates laboratories and aligned environmental services in Australia, focusing on the water sector. Ecowise employs over 380 staff operating across 17 eastern seaboard laboratories and offices.
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