Joe's Jeans announced that they have signed an agreement to purchase Hudson Clothing. Joe's Jeans Inc. announced that they have signed a definitive stock purchase agreement with Hudson Clothing Holdings, Inc.
Leveraged Buyouts
Loblaws acquires Shoppers Drug Mart
Loblaw Companies Ltd. has agreed to acquire Shoppers Drug Mart for CAD$12.4 billion. Two of Canada's largest retailers agreed to incorporate their operations together.
ALS acquires Reservoir Group for US$533 million
ALS Ltd. agreed to pay SCF Partners US$533 million to buy Reservoir Group. ALS Ltd. agreed to pay SCF Partners US$533 million to buy Reservoir Group. ALS Ltd, the largest the largest provider of commercial testing services in Australia set the transaction to acquire one of SCF Partners biggest portfolio.
Baidu Inc to acquire 91 Wireless
Baidu Inc announced plans to acquire stakes in NetDragon Websoft Inc's 91 Wireless. Baidu Inc announced plans to acquire stakes in NetDragon Websoft Inc's 91 Wireless.
Greenfield Farms acquires Dayton Ohio's Carmela's Pizzeria
Greenfield Farms Food, Inc. announced the final amendment for the acquisition of Carmela's Pizzeria.
Latest News
MedImpact acquired ScriptSave and its co-pay system to help the firm improve its services. MedImpact Healthcare Systems, Inc. , the United State's biggest privately held supplier of pharmacy benefit management services, announced acquisition of Medical Security Card Company's ScriptSave from Charlie Horn, its founder, and private equity investor, Monitor Clipper Partners.
Cudos Capital revealed that it acquired Navatar Group to help the firm expand its services. Navatar Group, a leading cloud provider for financial companies, announced that Cudos Capital AG has effectively acquired Navatar Private Equity CRM.
Cupid traded Flirt.com and other casual dating sites to Max Polyakov of Grendall for GBP43.1 million
The acquisition of Acumen by Deltek provides enhanced planning capacities for companies giving them better control and management.
Avis Budget Group Inc. bought Payless Car Rental for US$50 million in cash to increase its yearly generated income.
Abbott Laboratories would purchase Idev Technologies and OptiMedica Corp. for around US$560 million as it expands its device offerings.
The South African investment company bought 75% of Egoli Gas through a deal completed in April. South African investment company Reatile Group completed in April a deal to purchase 75% of Egoli Gas Ltd.
Loblaw Cos Ltd. would buy Shoppers Drug Mart Corp for US$11.9 billion so that it could create a retail giant.
Altor was geared to acquire a majority stake in Rossignol Group that include Weber Investment and the Boix-Vives family.
