LifeLabs Medical Laboratory Services ("LifeLabs"), a leading Canadian provider of community laboratory services, announced today that it has entered into an Arrangement Agreement (the "Agreement") with CML HealthCare Inc. ("CML") under which LifeLabs will acquire all of the issued and outstanding common shares of CML for $10.75 per share in cash by way of a Plan of Arrangement.
OMERS Private Equity ("OPE"), the private equity investment arm of the OMERS pension plan, in equal partnership with Alberta Investment Management Corporation ("AIMCo") on behalf of certain of its clients, have signed a definitive agreement to acquire Vue Entertainment ("Vue") from Doughty Hanson and management for an enterprise value of Â£935m (C$1.48 billion). Vue is a multiple award winning highly successful world-class operator of modern state-of-the-art multiplex cinemas in the United Kingdom, Ireland, Germany, Denmark, Portugal, Poland, Latvia, Lithuania and Taiwan. The transaction is expected to close by late July 2013.
Michael Nobrega's article published in Benefits and Pensions Monitor May 27, 2013.
OMERS Private Equity has completed the purchase of Civica from 3i and funds managed by 3i for an enterprise value of Â£390m.
Allianz and Borealis Infrastructure have reached an agreement with RWE AG to purchase Net4Gas, s.r.o. (N4G), the gas transmission and transit system operator in the Czech Republic.