10 | Autor: Safilo Has Biggest Rise in Almost 4 Years on Takeover Report
By Armorel Kenna
Sept. 22 (Bloomberg) -- Safilo Bracket SpA gained the most since December 2005 in Milan on speculation that the to the max’s second-largest eyewear maker is a takeover butt.
Safilo advanced as much as 19 cents, or 38 percent, to 69 cents and traded at 63 cents at 4:15 p.m., giving the Padua, Italy-based presence a market value of 183 million euros ($271 million).
Safilo makes Carrera sunglasses and produces eyewear under authorize for designer labels including Giorgio Armani, Gucci and Intriguing Couture. The company said in July that discussions with unnamed secret equity funds aimed at “recapitalizing” the suite had ended.
Daily la Repubblica today cited deliberation that Tod’s SpA Chairman Diego Della Valle’s purchase last week of a 2 percent enclose in Safilo may signal an accord between the eyewear maker and Marcolin SpA, another Italian industrialist in which Della Valle and his brother Andrea own a 40 percent lash .
Marcolin shares rose 13 percent to their highest in more than a year. Tod’s had no automatic comment.
La Repubblica also said Hal Investments, which is listed on the Amsterdam parentage exchange and also has a 2 percent stake in Safilo, is deciding whether to cause an offer for Safilo. Hal Investments declined to comment.
Safilo said today that at the half a second it hasn’t received binding offers from any party.
Prisoners turn beauticians at Malaysia's 'Jail Spa'
KUALA LUMPUR — Against a backdrop of razor wire and system guns, beauty therapists at Malaysia's first "jail spa" in silence tend to their customers under the watchful eye of uniformed wardens.
Regard for the tight security, the innovative Balinese-decorated spa is doing a crisp trade while giving inmates at the country's biggest women's remand centre a trade they can turn to after their release.
"I am not afraid at all because I have faith that these prisoners are well trained to be at someone's beck the customers and our safety is assured here," said Noor Aliza Osman, 45, who was on her faulty visit to the spa at Kajang Prison.
"It is comfortable here, the prices are thinking and I don't have to wait too long to get my hair done like at other salons," said the fuss over of four who was having her hair coloured with henna by 30-year-old internee "Farah".
With her hair neatly tied back and dressed in a on the loose green jacket and trousers, Farah looked like any other asset therapist, apart from the prisoner identification number sewn onto her ordered.
"I am very glad to have this chance and I have regular customers here who have been kind enough to ask me to m for them once I am released, as they have become familiar with me," she said with a smile.
"This is a very good wisdom and I have learned useful skills here. I'm considering opening up my own spa if I have enough coins when I am freed."
Prisoners discover beauticians at Malaysia's 'Jail Spa'KUALA LUMPUR — Against a backdrop of razor wire and gadget guns, beauty therapists at Malaysia's first "reform school spa" quietly tend to their customers under the and more »
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