Hotels, Motels & Cruise Lines
Lords Ishwar Hotels Ltd:Says that the designation of Pushpendra R. Bansal has been changed from whole time director to managing director.
Intrawest Resorts Holdings Inc:Says it has negotiated and enters into definitive agreement to acquire 50 pct interest in Blue Mountain Ski Resort (Blue) that it does not already own from Blue Mountain Resorts Holdings Inc.Says for C$58.0 mln.
Intrawest Resorts Holdings Inc:Expects FY 2015 total reportable segment revenue to be in the range of $570 - $595 mln.Expects FY 2015 total segment adjusted EBITDA to be in the range of $111 -$116 mln.Expects FY 2015 net loss attributable to be in the range of $16 -$6 mln.
Club Mediterranee SA:French private equity firm Ardian, Chinese conglomerate Fosun International, China's U-Tour and Portuguese insurer Fidelidade offer 22 euros per share for Club Mediterrane-Reuters.New offer, which values Club Med at 839 million euros, tops a 21 euro-per-share takeover bid from Global Resorts, controlled by Italian businessman Andrea Bonomi, which had valued Club Med at 790 million.Bonomi's bid closes on Sept. 19.The rival bidders expect their new offer to open by mid-October and to close before the end of November.
Cox & Kings Ltd:Announces the sale of camping division of its subsidiary Holidaybreak Limited to Homair Vacances for a total consideration of 89.2 mln pounds has been completed.
Royal Caribbean Cruises Ltd:Declares a $0.05 increase in the quarterly cash dividend to $0.30 per common share.Payable on Oct. 2, to shareholders of record at the close of business on Sept. 22.
Dalata Hotel Group PLC:Expects EBITDA in FY 2014 to be in range 7.5 mln euros to 8.0 mln euros excluding effect of acquisition activity.
Altin Yunus Cesme Turistik Tesisler AS:Says it has appointed Mr. Ozgur Cireli as the Acting General Manager (CEO).
Thomas Cook (India) Ltd:Says pursuant to a purchase of 11,863,334 shares of Sterling Holiday Resorts (India) Ltd (SHRIL) at 98 Indian Rupees per share.TCISIL now holds about 53.48 pct of SHRIL and has now become a subsidiary.TCISIL is a wholly owned subsidiary of Thomas Cook India Ltd (TCIL).
Shenzhen Zero-Seven Co Ltd:To issue up to 58,333,333 shares at 12 yuan per share and pay cash consideration of 300 mln yuan to acquire 100 pct stake in a Jiangsu-based big date technology company, from six investment companies.Transaction price is 1 bln yuan.To issue up to 27.5 mln shares at 12 yuan per share through private placement to Lian Weifei.To raise 330 mln yuan in total through placement.Proceeds raised will be used to pay cash in acquisition and add working capital.