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July 27, 2018

M&As this week: Farfetch, Invictus MD Strategies, 5Square

Farfetch has completed the acquisition of CuriosityChina for an undisclosed sum.

< strong > Farfetch strong > has completed the acquisition of CuriosityChina for an undisclosed sum .

Established in 2008 , Farfetch is an e commerce start up based in the UK , while CuriosityChina is a digital and technology firm focusing on Chinese digital platforms for premium and luxury brands .

The acquisition enables Farfetch to extend its social media efforts in China .

< strong > Invictus MD Strategies Corp strong > has signed a letter of intent ( LOI ) for the acquisition of 100 % issued and outstanding shares of Clinic and Retail Co .

Invictus MD is a cannabis production facility operator based in Canada , while Clinic and Retail is a medical clinics operator and cannabis retailer .

The purchase consideration will be paid through a combination of cash and equity , including an upfront cash payment of C $ 0 . 5m ($ 0 . 38m ) and C $ 0 . 75m ($ 0 . 57m ) in common shares of Invictus .

The transaction will enable Invictus MD to improve its operations .

< strong > 5square strong > and a group of business angels have acquired a majority stake in My Micro Group ( MMG ) for an undisclosed sum .

5square is an independent investment company , while MMG is an online wholesaler of electronics parts . Both the companies involved in the transaction are based in the Netherlands . < div class =” rightpullquote “>” AURELIUS will work with the company s existing management team to execute a transformation programme for improving its brand recognition .” div > MMG will use the funds to develop its brands , improve market share and expand its global presence .

< strong >Culligan International Company strong > has completed the acquisition of Aqua Vital Quell- und Mineralwasser GmbH from Halder Beteiligungsberatung GmbH for an undisclosed sum .

Culligan is a producer and distributor of water filtration and treatment systems in the US , while Aqua Vital is a provider of water coolers and dispensers and Halder is a private equity firm .

Both Aqua Vital and Halder are both based in Germany .

< strong > AURELIUS Alpha Limited strong > has acquired Ideal Shopping Direct from Blackstone for an undisclosed sum .

AURELIUS is a subsidiary of AURELIUS Equity Opportunities SE & amp ; Co KGaA , while Ideal Shopping Direct is a multi channel home shopping retailer .

DC Advisory is the financial advisor and DLA Piper is the legal advisor to Aurelius for the transaction .

AURELIUS will work with the company s existing management team to execute a transformation programme for improving its brand recognition in the UK and customer offering , following the completion of the transaction .