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People walk to Brookfield Place in Toronto in this file photo.MARK BLINCH/Reuters

DEAL OF THE DAY: Brookfield in $8.6-billion deal for Australian freight firm Asciano

Brookfield Infrastructure Partners LP is acquiring Australian port and rail systems in one of the largest infrastructure deals this year, aiming to create a competitive international transport heavyweight. The Hamilton, Bermuda-headquartered global infrastructure investor said Monday that it would take a majority stake in Melbourne-based Asciano Ltd. in a deal worth $8.6-billion, plus debt. Full story

MERGERS AND ACQUISITIONS

QVC owner Liberty Interactive buying online retailer Zulily for $2.4-billion

Liberty Interactive Corp, which owns home shopping network QVC, said it would acquire Zulily Inc in a deal valued at $2.4-billion (U.S.) to tap into the online retailer's younger clientele and its strong mobile presence. Full story

Pump maker Pentair to buy Erico Global for $1.8-billion in cash

Pump and valve maker Pentair PLC has agreed to buy fastening products maker Erico Global Co for $1.8-billion (U.S.) in cash, weeks after activist investor Nelson Peltz asked the company to bulk up through deals. Full story

Online gambling firm Contagious Gaming aims to buy competitor

Junior Canadian gambling software company Contagious Gaming Inc. acknowledged it is in discussions to buy its much larger United Kingdom-based competitor Sportech PLC, but says any transaction would be subject to a number of conditions, including securing financing. Full story

INITIAL PUBLIC OFFERINGS

Cool markets raise caution for next wave of IPOs

Amid erratic markets and mixed investment performance for recent deals, there are growing worries that the high expectations for initial public offerings this fall are unrealistic. Because IPOs sold with ease before the summer started, Canadian investment banks lined up a slew of new issues to hit the market post-Labour Day. Yet in the past month, some cautionary signs have materialized. Full story

Petco Files for an IPO

Petco filed on Monday to stage an initial public offering, becoming the latest company owned by private equity firms to pursue a stock listing. Full story

PRIVATE EQUITY AND VENTURE CAPITAL

OMERS VC firm taps Cisco and BMO for new fund

On Monday, OMERS Ventures, the venture capital arm of the Ontario Municipal Employees Retirement System, said it had closed its second fund, a $260-million war chest, co-financed by Bank of Montreal and Cisco Investments. Full story

Caisse and Altas Partners invest in Capital Vision Services

Virginia-based Capital Vision Services LP (CVS), which provides management services to MyEyeDr. optometry practices, has received an equity investment from a group led by Altas Partners and the Caisse de dépôt et placement du Québec. Financial terms of the transaction were not disclosed. Full story

Crowdfunding investment platform gets exempt market dealer licence

NexusCrowd Inc. announced Monday that it has become the first online investment platform to receive an exempt market dealer licence from the Ontario Securities Commission. Press release

ANALYSIS AND INSIGHT

Livermore Partners sees plenty of bargains in the oil patch

The oil patch is slogging through a rough patch, and for activist investors in search of hidden value, that spells opportunity, according to one. Full story

Know of any coming deals we should cover? Have suggestions for making the Daily Deal Roundup more useful? E-mail us at deals@globeandmail.com.