Industry News

Journey Group plc are in discussions with regard to a possible offer to be made by Jaguar Holdings for the entire issued and to be issued share capital of Journey Group, the companies said. It is expected that the possible offer will be made by way of a contractual offer under the Code with a 50.1% acceptance condition. Jaguar Holdings was..."/>
Travel Industry Supplier Journey Group in Buyout Talks with Jaguar Holdings
XPO Logistics has taken a full lease of the building on Chelsea Road was made jointly Thursday afternoon by the building's developer, Chesapeake Real Estate Group LLC, its financial partner..."/>
Harford lands big e-commerce logistics firm; more than 400 jobs expected in Perryman [The Aegis, Bel Air, Md.]
Southwest Airlines Co., JetBlue Airways Corp., Alaska Air Group Inc., and Hawaiian..."/>
Research Reports on Airlines Equities -- Southwest Airlines, JetBlue Airways, Alaska Air, and Hawaiian Holdings
Granite Construction Incorporated has won a sub-contract worth USD39m from Absher Construction Company, to construct the Northgate Station in Seattle, Washington, the company revealed on Friday. Also, the company said that this project will be booked in its third quarter 2016 backlog. Construction will commence in October 2016 and is scheduled to be completed by December 2018.."/>
Granite wins light rail station project worth USD39m in Seattle
A. O. Smith Corporation approved a regular common and class A common stock cash dividend of USD.12 per share for the quarter, the company revealed on Thursday. This dividend will be paid on 15 November 2016 to all shareholders of record on 31 October 2016.. A manufacturer and marketer of residential and commercial water heaters, boilers and other products for the US, China, Canada, Europe and India, A. O. Smith Corporation distributes its products through..."/>
A. O. Smith Corporation announces dividend of USD.12 per share for quarter
Mint, New Delhi, P. Manoj column [Mint, New Delhi]
IVFA-backed Inlogistics to raise Rs200 crore [Mint, New Delhi]
Orient Cement Ltd, part of the CK Birla Group, said on Thursday it had agreed to purchase a pair of cement businesses from Jaypee Group for an enterprise value of Rs1, 950 crore, as it seeks to expand to new markets. Orient will buy a 74% stake in Bhilai Jaypee Cement Ltd, with a capacity of 2.2 million tonnes per annum, from Jaiprakash Associates Ltd at an enterprise value of Rs1, 450 crore. BJCL has an equity value of Rs850 crore excluding debt of Rs600 crore, said Deepak..."/>
Orient Cement to buy two cement assets from Jaypee Group for Rs1,950 crore [Mint, New Delhi]
XPO Logistics, headquartered in Connecticut and operating in 34 countries, will occupy a 571,000- square-foot building at the Perryman Logistics Center. The lease expands XPO Logistics' presence in Maryland, where it already serves..."/>
Harford County lands major logistics company [The Baltimore Sun]
NATIONAL STORAGE AFFILIATES TRUST JV CLOSES USD 630 M ISTORAGE PORTFOLIO US-based self-storage REIT National Storage Affiliates Trust's joint venture with a major state pension fund completed the acquisition of the iStorage portfolio for an aggregate purchase price of approximately USD 630 m, the company said. The portfolio consists of 66 properties containing approximately 4.5 m rentable..."/>
M and A Navigator: Deal pipeline –7 October

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