Monthly Archives: February 2012

Alibaba Group Offers $2.5 Billion to Take Listed Unit Private

Posted on by Listify Me
February 21, 2012, 3:45 PM EST By Mark Lee and Wendy Mock Feb. 22 (Bloomberg) -- Alibaba Group Holding Ltd., in talks to buy back a stake owned by Yahoo! Inc., offered as much as HK$19.6 billion ($2.5 billion) to privatize a listed unit and gain full control of China’s biggest corporate e-commerce site. The company bid HK$13.50 a share for the 27 percent of Alibaba.com Ltd. it doesn’t already own, according Read more [...]

Alibaba bids to take listed unit private for $2.5 billion

Posted on by Listify Me
By Melanie Lee SHANGHAI | Tue Feb 21, 2012 2:33pm GMT SHANGHAI (Reuters) - Jack Ma's Chinese e-commerce firm Alibaba Group has offered around $2.5 billion to take its Hong Kong-listed Alibaba.com unit private, stressing the move was unrelated to any possible deal to buy back shares owned by Yahoo Inc. Alibaba Group is offering investors HK$13.50 ($1.74) in cash per share to take Alibaba.com private, the same price as at the company's IPO in 2007, Read more [...]

Council Tax Changes To Empty Properties And Second Homes

Posted on by Listify Me
RECENT STORIES STILL TIME TO CONSULT ON YOUTH SERVICES - There's still time to have your say on the future of Derbyshire's youth services as Derbyshire County Council is running a 10-week consultation More... NEDDC PROPOSES COUNCIL TAX FREEZE- North East Derbyshire District Council has told us this morning that it is proposing to freeze Council Tax for the 2nd year running. More... APPRENTICE SCHEME LAUNCHES AT DERBYSHIRE COUNTY COUNCIL - Read more [...]

City museum long listed for national award

Posted on by Listify Me
By Stoke-on-Trent City Council. The Potteries Museum Art Gallery has been long-listed for a national award for its family friendly environment. The museum is one of 20 to make the list of the Telegraph Family Friendly Museum Award 2012 following nominations from visitors. In 2010 and 2011 the Potteries Museum made it to the final six museums to be short listed for the award. A distinguished panel of judges chaired by Jenny Abramsky, Chair of the Heritage Lottery Fund, will now work Read more [...]

Alibaba Group Offers $2.5 Billion to Privatize Listed Unit

Posted on by Listify Me
February 21, 2012, 8:31 AM EST By Mark Lee and Wendy Mock (Updates with company comments in 10th paragraph.) Feb. 21 (Bloomberg) -- Alibaba Group Holding Ltd., in talks to buy back a stake owned by Yahoo! Inc., offered as much as HK$19.6 billion ($2.5 billion) to privatize a listed unit and gain full control of China’s biggest corporate e-commerce site. The company bid HK$13.50 a share for the 27 percent Read more [...]

Needs listed for school buildings

Posted on by Listify Me
LIVERMORE FALLS — The director of transportation and grounds for RSU 73 recently passed out a list of needs to school directors that administrators would like to see done in the schools. Administrators are putting together budgets for 2012-13. Director Ken Vining said among the needs is $16,038 to replace six entry doors in the old section of the Livermore Elementary School. An addition was built onto the former school about a decade ago. Requests for work at the Jay Elementary Read more [...]

Record gap between highest and lowest shop rents

Posted on by Listify Me
By Brenda Goh LONDON | Tue Feb 21, 2012 7:49am GMT LONDON (Reuters) - The gap between shop rents in Britain's swankiest and humblest locations is wider than ever, as wealthy international shoppers turn a national north-south divide into a chasm between the choicest parts of central London and everywhere else. While rents on London's priciest shopping area Bond Street have soared on the back of demand for luxury goods from Chinese and Russian shoppers, Read more [...]

Grubb & Ellis Agrees to Sell Itself to BGC Partners in New York Bankruptcy

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Grubb Ellis Co. (GRBE), a U.S. real estate services company, agreed to sell almost all its assets to BGC Partners Inc. (BGCP) and filed for bankruptcy protection. Grubb Ellis listed assets of as much as $500 million and liabilities of up to the same amount in the Chapter 11 filing in U.S. Bankruptcy Court in New York yesterday. The company said it completed about 12,000 sale and lease transactions last year and manages more than 250 million square feet of property. Read more [...]