Fri, Mar. 18, 12:44 PM
- Steinhoff International Holdings (OTC:SNHFF, OTCPK:SNHFY) says it won't make an offer for Home Retail Group (OTCQX:HMRLF, OTCQX:HMRTY), according to the BBC.
- The exit of Steinhoff from the bidding process increase the odds that Sainsbury (OTC:SNHFF, OTCPK:SNHFY) will end up with the Argos retail chain. Shares of Sainsbury fell today in London off the development.
Mon, Feb. 22, 12:43 PM
- Sainsbury (OTCQX:JSNSF, OTCQX:JSAIY) has until March 18 to formalize its buyout bid for Home Retail (OTCQX:HMRLF, OTCQX:HMRTY). The original deadline was tomorrow.
- South African firm Steinhoff International (OTC:SNHFF, OTCPK:SNHFY) has also been given until the same date by U.K.'s Takeover Panel to make a firm bid for the Argos chain owner.
Currently, there's no company description for SNHFY.
Sector: Industrial Goods
Industry: Industrial Equipment & Components
Country: South Africa
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