LCS-Westminster revealed plans to invest more into retirement communities amid difficulties in the sector.
Consumer Electronics
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.
Greenfield Farms acquires Dayton Ohio's Carmela's Pizzeria
Greenfield Farms Food, Inc. announced the final amendment for the acquisition of Carmela's Pizzeria.
Amery Capital acquires stake in women's wear firm
Amery Capital bought a considerable minority interest in Goat. Goat, a women's wear brand, received investments from private equity firm Amery Capital.
Joe's Jeans acquires Hudson Clothing
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.
Latest News
The London mayor has pushed aside sentimentality for the Heathrow airport to create a new borough. London Mayor Boris Johnson is chucking sentimentality out the window when he announced the plan to transfer the historic Heathrow airport.
China gets US $44.4 million funding for a housing project. Century Bridge Capital entered into a joint venture agreement with Coastal Greenland Limited after investing US $44.
Despite receiving low commendations, the film 'Grown Ups 2' scored higher than 'Pacific Rims' in the box office today.
Loblaw Cos Ltd. would buy Shoppers Drug Mart Corp for US$11.9 billion so that it could create a retail giant.
NVM invested GBP7 million in 100-year-old furniture maker, Buoyant Holdings. NVM Private Equity invested GBP7 million in 100-year-old Buoyant Holdings.
Altor's Fund III said that it would acquire Rossignol Group's majority shares. On Monday, Altor's Fund III stated that it entered an exclusive process to acquire Rossignol Group's majority shares.
Transom Capital Group acquired One Industries, a protective gear producer based in San Diego. Transom Capital Group, a Los Angeles-based private equity company, revealed that it has bought One Industries for an undisclosed price.
Londonmetric acquired two warehouses for GBP61.8 million. LondonMetric Property Plc bought two new warehouses in Bedford and Birmingham worth a total of GBP61.
Embassy Group sells stake in overseas joint venture back to MK Land Holdings. Real Estate developer Embassy Group, just one of India's top three commerical space constructors, had exited an international joint venture with Malaysia's MK Land Holdings Berhad.
