Sobeys, and its parent company Empire, have announced that Sobeys is selling 68 properties to Crombie REIT for a little less than US$1 billion.
Sectors
Chromecast is a big deal for Google
Chromecast, Google's inexpensive answer to Apple TV, was anticipated to boost sales for the tech titan.
Google's new Chromecast threatens Apple TV, Roku
Google continued to make a splash in the digital TV world with its US$35-worth Chromecast device. On Wednesday, Google Inc. 's event did not fail the technology observers with its refreshed Nexus 7 line up and a small dongle worth US$35, Chromecast.
Wine label maker Multi-Color Corp acquires Mexico's Flexo Print
Multi-Color Corporation said that they are set to acquire 100% of Mexico's Flexo Print S.A. De C.V.
African telcom infrastructure provider gathers more than US$520 million for its expansion projects
IHS announced that it had collected a total of US$522 million from the IFC and private equity investors.
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Blake Irving, Go Daddy Operating Co. CEO, said that he is currently considering selling the company shares through an initial public offering.
VeriStor Systems announced collaborative partnership with Zerto for cloud disaster solutions project.
Rouse Properties purchased Greenville Mall for $50.25 million. New York-based Rouse Properties Inc announced its purchase of Greenville Mall in North Carolina earlier today.
BlackRock announced that they have raised up to GBP250 million from institutional investors and pension funds for its UK Long Lease Property Fund.
The Evergreen Group announced that they have acquired the Backyard Sports franchise from the video game company, Atari.
Sources said that Blackstone and Apollo are among the private equity firms that are interested in buying Spanish banks' troubled real estate business units.
Shriram Properties confirmed that it is planning to raise INR450 crore from private equity funds for an expansion project around South Asia.
Houghton Mifflin Harcourt rises from bankruptcy woes and is now set to file IPO Houghton Mifflin Harcourt announced that they are on the verge of filing for an initial public offering for shares in their company.
Private equity firm Peterson Partners names Nick Jean-Baptiste as the new investment team vice president.
