Deals this week: Topmall, Lenta, The Boyd Group
Ukrainian e-commerce company Topmall has issued 25,011 new shares to Merlin Group to raise zl1.3m ($0.34m).
Based in Poland, Merlin Group develops e-commerce projects based on an integrated platform.
Lenta has completed a private placement of bonds to raise RUR5bn ($88.4m).
The three-year bonds carry a coupon rate of 8.7% a year, payable semi-annually.
The Russian retail chain operator intends to utilise the proceeds for general corporate purposes.
Boyd Group Income Fund (BGIF) subsidiary The Boyd Group has reached an agreement with Assured Automotive and related entities to purchase their assets and business.
The purchase consideration for the transaction is C$193.6m ($143.89m), which will include C$146.1m ($108.58m) in cash and C$47.5m ($35.3m) in BGIF units.
All the companies involved in the transaction are based in Canada.
BGIF is a mutual fund trust, whereas the selling companies and Boyd Group operate collision repair centres.