MFS mfs limited

ailing mfs to reinvent itself as octaviar

  1. 11,407 Posts.

    Ailing MFS to reinvent itself as Octaviar
    Thursday, February 28, 2008; Posted: 12:39 PM



    Feb 28, 2008 (The Australian Financial Review - ABIX via COMTEX) -- MFSDF | news | PowerRating | PR Charts -- MFS Limited shareholders attending a 28 March 2008 meeting will consider a proposal to change the group's name to Octaviar. The company has accepted a cash payment from Massachusetts Financial Services to change its name and avoid any confusion between the two. Meanwhile, in the days following 29 February, the Australian Foreign Investment Review Board is expected to hand down its ruling on whether it will allow CVC Asia Pacific's final $A409 million payment for a 65 per cent interest in MFS's Stella hospitality group to proceed. The funds will allow MFS to repay money owed to international lender, Fortress Investment Group.

    Publication Date: 29 February 2008

    MFS LIMITED - ASX MFS CVC ASIA PACIFIC (AUSTRALIA) PTY LTD AUSTRALIA. FOREIGN INVESTMENT REVIEW BOARD STELLA PTY LTD FORTRESS INVESTMENT GROUP LLC SHERATON MIRAGE PORT DOUGLAS KORDA MENTHA AND COLLEAGUES PTY LTD MASSACHUSETTS FINANCIAL SERVICES 333 PERFORMANCE MANAGEMENT

    http://www.tradingmarkets.com/.site/news/Stock%20News/1148926/
 
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