SS&C Updates Increased Offer on Acquisition of Mainstream Group
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WINDSOR, Conn., April 29, 2021 /PRNewswire/ SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that it has amended the Scheme Implementation Deed with Mainstream Group Holdings Limited (ASX: MAI, Mainstream ) to provide for an acquisition by SS&C of 100% of the shares and outstanding equity rights in Mainstream for A$2.35 per security pursuant to a scheme of arrangement. In the absence of a superior proposal, and subject to the independent expert concluding that the revised scheme is in the best interests of Mainstream shareholders, being customary carve-outs, the board of directors of Mainstream intends to support the revised scheme of arrangement on that basis.
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Activation Group Forms Strategic Alliance with Fosun Fashion Group
Both Parties together with Baozun and Other Strategic Partners will Capitalize Jointly on Emerging Demand for Luxury brands in China
HONG KONG, Apr 28, 2021 - (ACN Newswire) - A provider of integrated marketing solutions in Greater China, Activation Group Holdings Limited ( Activation or the Company , collectively, the Group , HKEX: 9919.HK) today announced a strategic alliance with Fosun Fashion Group (Cayman) Limited ( Fosun Fashion Group or FFG ), a subsidiary of Fosun International Limited (HKEX: 00656.HK), to capitalize on the emerging demand for luxury brands in China.
FFG manages a portfolio of heritage brands covering a full spectrum of fashion luxury categories, and it is one of the first movers to create a global luxury fashion group in China. FFG s current brand portfolio includes Lanvin, Wolford, St. John and Caruso. The consortium aims to serve the ever-changing global luxury market by developi