Tag Archives: Mergers and Acquisitions (M&A)

Amazon buying Whole Foods for $13.7B

Amazon will pay $42 US a share or $13.7 billion in cash for Whole Foods’ shares, a 27 per cent premium to what Whole Foods was worth on Thursday.


Amazon’s own shares gained $23.54 US in reaction to the news on Friday to close at $987.71 US on Nasdaq.

Whole Foods shares closed at $42.68 US on Friday — just above the offer price, which suggests some investors think a better offer from someone else could be coming. The grocer must pay a $400 million US break fee if the deal falls apart.

The company recently rolled out a few locations of something called Amazon Go, which is essentially a small grocery store with no cashiers.


Source: Bloomberg

Northwest Healthcare Properties REIT Successfully Completes Acquisition of of Generation Healthcare REIT

NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (the “REIT”) announced today that its wholly owned subsidiary, NorthWest Australia,  has acquired 93.6% of all units (Units) in Generation Healthcare REIT (ASX:GHC) (Generation) as at the scheduled expiration of its all cash A$2.30 unconditional offer (Offer) to acquire all outstanding Units.

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Enbridge and Spectra Energy Obtain FTC Clearance for their Proposed Combination

Enbridge Inc. (TSX, NYSE: ENB) (Enbridge) and Spectra Energy Corp (NYSE: SE) (Spectra Energy) announced today that the U.S. Federal Trade Commission (FTC) has cleared the previously announced proposed combination of the two companies.

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IAC’s HomeAdvisor Acquires HomeStars, the Leading Canadian Home Services Platform

HomeAdvisor, an IAC (IAC) company and the operator of the largest home services marketplaces across the globe, today announced it has acquired HomeStars, the leading home services platform connecting homeowners with service providers throughout Canada. Continue reading IAC’s HomeAdvisor Acquires HomeStars, the Leading Canadian Home Services Platform

Rite Aid & Walgreens Merger: Will it happen?

Walgreens head of communications, Chuck Greener, said his company hasn’t received “official notice” from the Federal Trade Commission on whether it would approve the merger in its current form. The FTC has asked Fred’s for additional information, he said, declining to comment further.
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Milestone Apartments REIT to be Acquired by Starwood Capital Group

Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone” or the “REIT”) announced today that it has entered into an acquisition agreement (the “Acquisition Agreement”) with an Continue reading Milestone Apartments REIT to be Acquired by Starwood Capital Group