1. News
February 23, 2017

Deals this week: Lojas Americanas, Alibaba Group, AcceptanceNOW

Lojas Americanas has announced its plans to raise R$2.529m ($810.53m) through a primary offering of 9.3 million new common shares and 142.9 million new preferred shares scheduled for 8 March.

Lojas Americanas has announced its plans to raise R$2.529m ($810.53m) through a primary offering of 9.3 million new common shares and 142.9 million new preferred shares scheduled for 8 March.

Lojas is a retail chain operator based in Brazil.

Alibaba Group has announced its partnership with Bailian Group, through which both companies plan to identify retail opportunities across each other’s businesses.

"Both companies plan to identify retail opportunities across each other’s businesses."

Alibaba is an online and mobile commerce company, while Bailian is an operator of retail formats.

Both companies involved in the transaction are based in China.

AcceptanceNOW has collaborated with Rooms To Go to provide no-credit-needed payment options for its customers.

Based in the US, AcceptanceNOW is a rent-to-own kiosk company, while Rooms To Go is a furniture retailer.

Etam has partnered with First Insight to understand customer preferences and manufacture products.

Etam is a lingerie retailer, while First Insight is a company offering predictive analysis.

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