by stefanie | Dec 3, 2018 | City News
Staples, Inc. and Essendant Inc. have announced that affiliates of Staples have extended the expiration time of the previously announced tender offer for all outstanding shares of Essendant’s common stock. The offer now runs to 6:00 p.m., New York City...
by Owen Collins | Nov 22, 2018 | City News
As part of the merger agreement between the two parties, the expiration time of the tender offer for all outstanding shares of Essendant’s common stock has been extended. The offer will now expire on the 29th of November, at 6pm NYC time, unless further extension is...
by Owen Collins | Sep 10, 2018 | City News
The company’s bonds fell by more than 57 percent in the Continuous Market, after an international industrial investor made a non-binding offer to purchase the group’s debts. The as-yet-anonymous investor is seeking to acquire the debt for capitalisation, reports...
by stefanie | Jul 3, 2018 | City News
The Japanese company has opted to forego plans to issue up to $2 billion (€1.7 billion) worth of new shares, following a negative response from investors. As Reuters reports, following its initial announcement a few weeks ago, the OEM’s investors promptly dropped its...
by Owen Collins | Jun 6, 2018 | City News
The South Korean OPC drum manufacturer, formerly Baiksan OPC, is aiming to raise 20 billion won ($18.7 million/€15.9 million) for its operations. According to Reuters, Hanp Inc will issue the 9th series unregistered and unsecured public bonds with warrants. The...
