Company : Nomura Holdings Inc ADR American Depositary Shares
Category : Finance
RMB opposes the current tender offer to FamilyMart by Itochu and demands Itochu raise its offer price back to 2600 yen per share.
However, RMB noted that the disclosure of the tender offer process was not thorough enough for minority shareholders to judge the fairness of the tender offer.
However, the board of FamilyMart failed to do so while supporting the tender offer but not recommending the tender offer price, resulting in serious confusion among its shareholders.
RMB believes the board cannot support the tender offer without supporting the tender offer price, as it is a key element of the tender offer.
As shareholders of both Itochu and FamilyMart, RMB hopes this tender offer will be executed under fair conditions to satisfy all parties.
Category : Business & IndustrialTransportation & Logistics
Royal Caribbean Group is set to begin COVID-19 testing on its ships when cruise operations return, according to an executive.
"It’s very likely that testing will occur," said Michael Bayley, CEO of Royal Caribbean International, offering no additional details or specifics.
Royal Caribbean posted a $1.6 billion loss.
Its adjusted loss was $6.13 per share, compared with analysts’ average forecast of a loss of $4.82 per share.
CLICK HERE TO READ MORE ON FOX BUSINESS“The COVID-19 pandemic is posing an unprecedented challenge to our industry and society.
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Lendlease Group ("Lendlease" or "the Company") (OTC: LLESY) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200810005819/en/ContactsThe Schall Law FirmBrian Schall, Esq.