2017 is drawing to a close and it’s been a year filled with billion dollar mergers and acquisitions. Here are a few of the deals that shook up a number of industries this year.
Amazon acquired Whole foods for $13.7 billion in August, shaking up the retail world. Prices at Whole foods immediately started to drop. Pre-acquisition a full shopping cart was $97.76, post-acquisition it was $75.85 according to business insider.
New Knight Foundation (NKF) acquired the assets of six Integra Realty Resources offices. This merger strengthens the eastern flank of the U.S. for the international company. NFK Ceo Barry Gosin told Rew online, “ The additional resources and expertise provided by the IRR offices will better enable us to deliver top-notch consulting, analysis and resources and afford our clients the best possible financial outcomes.”
In November, CBRE bought 50 % stake in Streetsense to create the 50-50 joint venture Streetsense|CBRE. CBRE found itself hiring small, one-off designers or boutique architecture firms and marketing and branding companies. Now they can handle design, branding and creative pieces in-house.
In March, Regency Center and Equity One completed a $12 billion merger to become the largest REIT in the grocery-anchored shopping center space. Together the company will have 429 high quality properties in dense, affluent markets.
5. CVS + Aetna
If approved CVS’ $69 billion acquisition of Aetna could revolutionize the healthcare industry. It could turn your local pharmacy/general store into your local clinic. Some experts expect the merger to create the medical version of Apple Store’s Genius Bar.