Empire, Moelis and Mercury Capital declined to comment. Empire, whose competitors include Lowes Corp, Home Depot and Floor and Decor Outlets of America Inc, offers shop-at-home services in more than 70 U.S. locations, including Chicago, New York and Los Angeles. The Northlake, Illinois- based company opened its first retail stores last year in Virginia and Long...
French home furnishings chain Maisons du Monde began its first day of trading, after setting the price of its global offering at 17 euros per share.
*Amsterdam attracting a series of new listings. Philips set an IPO price of 20 euros Thursday night, implying a market capitalisation of 3 billion euros, or an enterprise value of 4.5 billion euros including debt.. The shares rose eight percent to 21.45 euros in early trading in Amsterdam.
FRANKFURT, May 9- Buyout group Cinven is preparing to sell German residential and technical lighting products maker SLV in a potential 800 million euro deal, three people familiar with the matter said. Europe's listed lighting manufacturers include Fagerhult of Sweden, Beghelli of Italy and Austria's Zumtobel. SLV is benefiting from strong construction...
Analysts value unit at around 5 billion euros. *Philips Group will now focus on Healthcare operations. AMSTERDAM, May 3- Philips plans to sell at least 25 percent of its lighting business, the world's largest maker of lights, on the stock market to focus on its larger medical equipment operations, it said on Tuesday.
The furniture retailer plans to open solar shops in United Kingdom stores by the end of this summer.
*IPO more likely than sale for business worth 5 bln euro. AMSTERDAM, April 25- Philips said it was likely to list its lighting division on the stock market, creating a standalone company that would be the world's largest maker of lights. Chief Executive Frans van Houten acknowledged that the company could still switch to a trade sale if uncertainty around a...
ISTANBUL, April 19- Turkey's plan to impose anti-dumping duties on U.S. cotton imports will drive up costs for its own textile producers, hurting the competitiveness of their exports, the head of an industry group said on Tuesday. "This is a decision that will increase raw material costs of textile producers by 2-3 percent and will somewhat affect price...
The ready-to-assemble furniture company plans on transferring some of its ownership.
The largest US paint retailer will pay $113 a share to buy rival Valspar Corp.
March 11- Ford Motor Co is establishing a new subsidiary to expand efforts to profit from transportation services, putting the former chief executive officer of Michigan office furniture giant Steelcase in charge. The new unit, Ford Smart Mobility LLC, could invest in transportation services companies, but it is not solely a venture fund, Ford CEO Mark Fields...
Wayfair Inc. co-founder, co-Chairman and CEO Niraj Shah, explains how his company is growing so fast and the move into Europe, the value in hiring engineers and the various mediums Wayfair sells products.
Wang Guisheng, CFO of Man Wah Holdings, discusses strong HY2016 profits and the outlook for its U.S. business growth.
Intel keeps security in mind as it develops 'smart' homes as research firms warn of potential threat from hackers and other malicious actors.
Amazon is the latest in a long list of players to offer online home-maintenance services. Will it be good enough to hammer the competition?
CNBC looks at those busy casino carpets and the surprising thing that is under them.
Bathroom breaks are getting a bit more luxurious as home appliance makers bring new features to the most basic of fixtures.
Battered for years by offshore competition in Asia, U.S. furniture manufacturers are showing renewed signs of life.
Some brands make such an impression that the notion of them dissolving is unthinkable. Click ahead to see iconic brands that have vanished.
CNBC reporter Kelli Grant breaks down the value of home renovations, what's worth the cost and what can add more value to a home