Casino Group has entered an agreement to sell 55 real estate assets of the Monoprix chain to an undisclosed institutional investor.
Valued at €565m ($651.53m), the deal comprises the supermarket chain’s real estate, including 19 locations in Paris. Annual rent of €27m ($31.13m) will also be included.
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The transaction enables Casino Group to fortify its liquidity position and decrease its net debt.
Established in 1898, Casino Group is a retailer, while Monoprix is a retail chain that offers food products, beauty, fashion and home products.
Both the companies involved in the transaction are based in France.
Spin Master has joined forces with Alibaba to improve its position in China and drive international expansion.
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By GlobalDataBased in Canada, Spin Master is a global toy and entertainment company, while Alibaba is an e-commerce company.
The partnership will enable Spin Master to launch its brands and toys in China. It will also allow both firms to form a digital platform for retail, brand-building and data-powered marketing.
JD.com has entered a partnership with Central Group to introduce the JD Central e-commerce platform in Thailand.
JD.com is an e-commerce retailer based in China, while Central Group is a retail company based in Thailand.
The retailer has introduced sales and marketplace models through the platform, which was previously tested on 18 June 2018.
The firm intends to provide same-day delivery in Bangkok and has partnered with local delivery service providers for the platform.
Northmist has secured an undisclosed amount through a funding round from an angel investor.
Northmist is one of the first organic cotton menswear brands in India.
Arijit Mazumdar is the founder and CEO of the firm.
El Corte Ingles has secured €600m ($696.07m) through an offering of senior notes.
Due 2024, the notes will pay a fixed annual coupon rate of 3% semi-annually in arrears.
The notes were issued at 100% of the principal amount.
Banco Bilbao (BBVA), Banco Sabadell, Banco Santander, Bankia, BNP Paribas, CaixaBank, Credit Agricole CIB, Credit Suisse, Deutsche Bank, Goldman Sachs, Bank of America Merrill Lynch, Societe Generale and UniCredit are the book-runners, while Clearstream Banking is the depository for El Corte Ingles.
Bloom & Wild has secured £15m ($19.4m) through equity funding led by Piper.
The funding has also involved participation from MMC Ventures and Burda Principal Investments, as well as existing angel investors.
Jax Unsworth will join the board of Bloom & Wild as part of the transaction.
Based in the UK, Bloom & Wild is an online flower gifting brand founded by Aron Gelbard and Ben Stanway.
Brunswick Corporation has raised $175m through a public offering of notes due 2048.
Based in the US, Brunswick is engaged in the design, production and marketing of world-class recreational products.
The notes will pay a fixed annual coupon rate of 6.5% until they mature in 2048.
Morgan Stanley, BofA Merrill Lynch, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities are the joint book-running managers to Brunswick for the transaction.
