Centric Health Corp has agreed to divest two of its Alberta retail pharmacy operations to a retail pharmacy company based in Alberta for $4.54m.

The stores to be sold under the deal are located in Medicine Hat and Grande Prairie.

Also included in the deal are additional contingent payments of up to $225,000 within an earn-out period of two years from closing, based on specific performance metrics.

The deal is scheduled to be completed by February 2019.

Scotia Capital is the financial adviser to Centric Health for the transaction.

Centric Health Corp is a wellness and healthcare services provider based in Canada.

Alco Holdings Limited intends to raise HK$125.84m ($16m) through the rights offering of 144,648,930 rights shares priced at HK$0.87 ($0.11) each.

The units will be issued on the basis of one rights share for every four rights shares held by the qualifying shareholders on the record date.

China Tonghai International Financial Limited is the financial adviser for the transaction.

Alco Holdings Limited is a manufacturer, designer and distributor of consumer electronic products based in Hong Kong.

Bajaj Electricals intends to raise $35.66m through a private placement of non-convertible debentures.

The company is a consumer electrical equipment manufacturer and seller based in India.

Fresh At Heart has raised $275,000 from an online equity crowdfunding platform named Ata Plus.

“Bajaj Electricals intends to raise $35.66m through a private placement of non-convertible debentures.”

The transaction overshot Fresh At Heart’s target by 143% and involved participation from 22 individual investors.

Funds accumulated by the company will be used to expand offline ventures in urban regions and further expand the business across Malaysia.

Fresh At Heart is a Malaysian online fresh food retailer.

SAIF Partners has invested $8.54m in High Street Essentials through a series-B funding round.

IndigoEdge acted as the financial adviser for the transaction, which was completed on 28 December 2018.

SAIF Partners is a private equity firm operating across Asia. The company is headquartered in India and China.

High Street Essentials is an Indian fashion retailer that owns FabAlley and Indya brands.

Leveling 8 Inc has agreed to acquire the cable TV segment of ADDvantage Technologies Group for $10.3m.

The deal will include a cash payment of $3.9m and a $6.4m promissory note to pay the remaining in semi-annual installments over a period of five years, accruing an interest rate of 6%.

Leveling 8 Inc is an electronics services company, while ADDvantage Technologies Group is involved in the distribution and repair of electronics and hardware for cable connections.

Both companies involved in the transaction are based in the US.

Michael Kors, now known as Capri Holdings, has acquired Versace at an enterprise value of $2.12bn.

The purchase was funded through cash on hand, bank term loans, and drawings under the revolving credit facility.

Michael Kors is a leading American clothing and accessories brand.

Versace is an Italian fashion and luxury brand and retailer.