Food Distribution / Convenience Stores

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Ubiquity announces plans to acquire Monkeybars, Inc.

Thursday, 17 Apr 2014 09:00am EDT

Ubiquity:Enters into a non-binding letter-of-intent to acquire Monkeybars Inc.Under the terms of the LOI, Ubiquity will purchase all of the assets of Monkeybars.Consideration for the purchase will be restricted shares of Ubiquity common stock, having an aggregate value of $2,250,00, with the number of shares determined by the average share price over an mutually agreed upon time period.

IVS Group SA announces acquisitions in Sicily

Wednesday, 16 Apr 2014 02:50pm EDT

IVS Group SA:Signs, through its subsidiary IVS Sicily, an agreement with Point Service group, controlled by the Michele Spera, independent player in the vending sector in Sicily.According to the agreement IVS will acquire most of Point regional vending businesses, generating about 2.1 million euros sales.In turn, Point will receive IVS vending businesses in the provinces of Messina and Ragusa, generating around 0.7 million euros sales.Point group will become a shareholder of IVS Sicily, with a stake of 9.4 pct, whilst IVS will acquire a 37 pct stake in RE Point Srl, which will manage the businesses in the two above mentioned provinces.The value of IVS investment, considering the businesses acquired and received from its contribution in kind, is around 2.4 million euros.

Klepierre completes disposal of retail galleries to Carrefour consortium

Wednesday, 16 Apr 2014 11:45am EDT

Klepierre SA:Completes disposal of portfolio of Carrefour-anchored retail galleries located in France, Spain and Italy, to consortium led by Carrefour SA and capitalized by institutional investors.Portfolio consists of 126 retail galleries initially acquired from Carrefour, including 56 assets in France, 63 assets in Spain and 7 assets in Italy, representing total floor area of about 476,000 square meters.Total consideration for transaction, including transfer duties, equals 1.98 bln euros (1.65 bln euros group share).


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Provider: Bohai Securities Co.,Ltd.
Provider: Wright Reports
Provider: Wright Reports
Provider: GlobalData
Provider: GlobalData

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