1. Market Data
August 18, 2016

M&As this week: Wal-Mart Stores, TSG Enterprises, Rays Culinary Delights

Wal-Mart Stores has announced its plans to acquire Jet.com for approximately $3.3bn in cash and stock.

Wal-Mart Stores has announced its plans to acquire Jet.com for approximately $3.3bn in cash and stock.

Jet.com is an online shopping platform that enables customers to shop online from various retailers.

TSG Enterprises has announced the acquisition of Total Hockey, a hockey equipment retailer based in the US.

The purchase consideration of the acquisition is not disclosed.

Rays Culinary Delights (Sattviko) has acquired FYNE Superfood, a producer of natural and organic food products based in India.

Also based in India, Rays Culinary Delights is an operator of restaurant chains and online shopping website for yoga, ayurveda and natural healthcare products.