Albertsons and Rite Aid to merge in the latest move to contrast the growing threat posed by online e-commerce

Rite Aid (NYSE:RAD) – market cap as of 23/02/2018: $2.22bn Introduction  On the 20th February, Rite Aid Corporation, one of the leading US drugstore chains, entered into a definitive merger agreement with Albertsons Companies, one of the largest American private equity-backed grocery retailers. The deal will result in the creation of a Read more…

“The train to IPO is cancelled, we apologize for the inconvenience”: Infrastructure Fund GIP bids €1.98bn for Italian Railway Group Italo-NTV

Introduction On the 8th of February 2018, the shareholders of the Italian high-speed train operator Italo-NTV (Nuovo Trasporto Viaggiatori) (“The Company”) have accepted the offer of Global Infrastructure Partners (“GIP”) for the disposal of 100% of their stake, for an equity value of around €1.94bn. As a result, the plan Read more…

Amazon of Arabia: Jeff Bezos’ Giant Buys Souq in a Move to Enter the Middle East Market

Amazon.com (NASDAQ: AMZN) — market cap as of 31/03/2017: $423.03bn Introduction On March 28, 2017, American electronic e-commerce and cloud computing company Amazon.com announced its acquisition of Dubai-based Souq.com, in a move that is expected to bring a significant impact on the Middle East’s small but fast-growing e-commerce sector. According Read more…