Lessen, a real estate property services platform, has acquired SMS Assist, a facilities maintenance technology company, in a cash and stock deal, to bolster its property services in the US. The transaction is said to create a combined entity with an enterprise value of more than $2 billion. In addition, Lessen will raise around $500 […]
British supermarket chain Morrison Supermarkets (Morrisons) has accepted a takeover bid of £6.3 billion ($8.7 billion) from a group led by Fortress Investment Group, a subsidiary of Japan’s SoftBank Group. Joining Fortress Investment in the proposal are Canada Pension Plan Investment Board and Koch Real Estate Investments. Shareholders of Morrisons will be offered 254 pence […]
