Investors
Australian private equity firm invests in retirement community developer
Blue Sky Private Equity acquired minority stake in Oak Tree Group. Blue Sky Private Equity invested around AUD20 million for a minority stake in retirement community developer Oak Tree Group.
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.