United States

Discount Stores

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TJX Companies to acquire off-price australian retailer Trade Secret

Tuesday, 28 Jul 2015 06:25pm EDT

TJX Companies:Signed a definitive agreement to purchase Trade Secret, an off-price retailer that operates 35 stores in Australia, from Gazal Corporation Limited for a purchase price of A$80 million.The potential acquisition of Trade Secret provides TJX an opportunistic entry into Australia, where TJX currently operates one of its 13 buying offices.TJX expects the transaction, which has customary conditions to closing, to be consummated by the end of calendar 2015.

Groupon acquires OrderUp to power nationwide food ordering and delivery

Thursday, 16 Jul 2015 03:10pm EDT

Groupon:Says the acquisition of OrderUp, an on-demand online and mobile food ordering and delivery marketplace operating in nearly 40 markets across the United States.

Dollar Tree Inc completes acquisition of Family Dollar

Monday, 6 Jul 2015 12:39pm EDT

Dollar Tree Inc:Completed the acquisition of Family Dollar Stores Inc.Under the terms of the merger agreement, Family Dollar shareholders are entitled to receive $59.60 in cash and 0.2484 of a share of Dollar Tree common stock for each share of Family Dollar common stock.Company also announced that Gary Philbin, has been named President and Chief Operating Officer of Family Dollar, effective immediately.Additionally, the Company announced that Howard R. Levine, Chief Executive Officer of Family Dollar.

Net Savings Link Inc closes acquisition of Pyrotree Inc

Monday, 27 Apr 2015 12:25pm EDT

Net Savings Link Inc:Completes acquisition of Pyrotree Inc.

Anchor Equity Partners, KKR and Management to Acquire a Controlling Stake in Groupon Inc's Ticket Monster

Monday, 20 Apr 2015 08:30am EDT

Groupon Inc:Says Anchor Equity Partners and global investment firm KKR have signed a definitive agreement to acquire a controlling stake in South Korean mobile commerce company Ticket Monster Inc (TMON) from Groupon.Transaction is expected to close in the second quarter of 2015.

Kenkou Corp becomes parent company of Dream Vision

Tuesday, 31 Mar 2015 04:00am EDT

Kenkou Corp Inc:Says Dream Vision completed issuance of 3,900,000 shares at 192 yen per share (748,800,000 yen in total) through private placement to Kenkou Corp, on March 31.Says under capital and business alliances between Kenkou Corp and Dream Vision plan disclosed on Feb. 12 that Kenkou Corp became parent company of Dream Vision.

Grupo Gigante SAB de CV acquires via subsidiary three companies

Friday, 27 Mar 2015 03:31pm EDT

Grupo Gigante SAB de CV:Acquires for $31.8 mln via its subsidiary Office Depot de Mexico, SA de CV 100 pct of shares of RadioShack de Mexico SA de CV, Retail Answers SA de CV and Logistic Answers SA de CV.Acquisition covers all brands, commercial names and property rights related to RadioShack operations in Mexico.Amount of $20 mln was directed at paying liabilities of Radio Shack de Mexico.Transaction covers 251 shops.

Fred's Inc to acquire EntrustRx Specialty Pharmacy

Wednesday, 25 Mar 2015 10:03am EDT

Fred's Inc:Signs an agreement to acquire Reeves-Sain Drug Store, Inc.Acquisition includes both EntrustRx, a specialty pharmacy operation that has a strong regional presence in the Southeast serviced from facilities in Spring Hill, Tennessee and Columbus, Mississippi, as well as the single Reeves-Sain retail pharmacy in Murfreesboro, Tennessee.Under the terms, Fred's will acquire EntrustRx and the Reeves-Sain retail pharmacy for about $66 mln, comprising $53 mln in cash and a $13 mln note payable.Fred's, Inc. was represented in the transaction by Baker, Donelson, Bearman, Caldwell & Berkowitz, P.C., with pharmacy regulatory counsel provided by Bass, Berry & Sims PLC.Reeves-Sain Drug Store, Inc. was represented in the transaction by Adams and Reese LLP.

Grupo Gigante unit completes acquisition of Restaurantes California

Thursday, 12 Mar 2015 05:00pm EDT

Grupo Gigante SAB de CV:Says its unit, Restaurantes Toks SA de CV, has completed acquisition of Restaurantes California from Controladora Comercial Mexicana for 1,103 million pesos.Restaurantes Toks acquires use of name and trademark "Restaurants California" and "Beer Factory".


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