Breaking News
FONT-SIZE Plus   Neg
Share SHARE

Compass Group Buys NKS Kabushiki Kaisha

Compass Group PLC (CMPGF.PK,CPG.L) acquired NKS Kabushiki Kaisha Ltd and associated companies from its Chief Executive Yamamoto.

NKS is a provider of food services, mainly to the healthcare sector, in Japan. The business is based in Tokyo, operating around 200 units with over 1,200 staff.

The acquisition is expected to strengthen Compass' presence in expanding healthcare sector and, in particular, in senior living.

The company added that for the year ended March 31, 2011, NKS had revenues of JPY 6.4 billion and gross assets of JPY 4.7 billion.

Click here to receive FREE breaking news email alerts for Compass Group Plc and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
After trending higher over the past several sessions, stocks showed a lack of direction throughout the trading day on Friday before closing roughly flat. A muted reaction to a highly anticipated speech by Federal Reserve Chair Janet Yellen contributed to the lackluster performance. Republican Scott Brown has significantly narrowed the gap in the race against incumbent New Hampshire Sen. Jeanne Shaheen, D-N.H., according to the results of a new WMUR Granite State Poll. On the heels of the violent clashes between local police and protestors in Ferguson, Missouri, Sen. Claire McCaskill, D-Mo., announced that she will hold a Senate hearing in September to examine the militarization of local police departments.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.