W Capital Partners has completed the acquisition of Billtrust from Edison Partners LP for an undisclosed sum.

W Capital Partners is an equity fund, while Edison Partners is a private equity firm and Billtrust is a payment cycle management solutions provider.

The transaction has generated more than ten times return for Edison Partners.

All the companies involved in the acquisition are based in the US.

International Market Centers (IMC) has agreed to merge with AMC (AmericasMart).

IMC is a premium showroom space operator for the furnishings, home decor and gift industries, while AMC is a wholesale marketplace operator for trade markets, trade shows, conventions and special events.

To be called International Market Centers, the merged entity will own and operate 20 million square feet of permanent showroom space in Las Vegas, High Point, and Atlanta.

“The acquisition allows Jean Coutu Group to become a wholly owned subsidiary of Metro.”

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

IMC is supported by The Blackstone Group and Fireside Investments.

Mondrian Investment Partners has completed the acquisition of 99 million ordinary shares of Sheng Siong Group from Lim Hock Eng, Lim Hock Chee, and Lim Hock Leng for S$99.99m ($74.57m).

The shares represent approximately 6.58% of the issued and paid-up share capital of Sheng Siong Group.

Mondrian Investment Partners is a UK-based investment fund manager while Sheng Siong is a supermarket chain based in Singapore.

Metro has concluded the acquisition of The Jean Coutu Group for $4.5bn.

The acquisition allows Jean Coutu Group to become a wholly owned subsidiary of Metro, while the new $16bn merged entity combines pharmaceutical retail stores of both the companies.

The combined entity is expected to generate $1.3bn in operating income and $75n in annual cost reductions after three years.

Metro operates approximately 600 food stores under Food Basics, Metro, Super C and Metro Plus brands, as well as 250 drugstores under Brunet, Drug Basics and Metro Pharmacy brands.

Richemont has acquired Yoox Net-a-Porter (YNAP) Group, an Italian online retailer.

Richemont is a Swiss luxury goods holding company, while YNAP operates in-season online stores such as Net-APorter, Mr Porter and off-season online stores, including Yoox and The Outnet.

The transaction enables Richemont to hold a 95% stake in YNAP.