House of Lithium completed the acquisition of Reby for CAD100m.

House of Lithium, a private equity fund, completed the acquisition of Reby, a public sharing transport provider, for CAD100m. "Combining Reby’s leading IoT technology and proven ride-sharing business model with House of Lithium’s manufacturing, distribution, e-commerce and retail assets will contribute to creating an end-to-end mobility platform to maximize top-line opportunities and bottom-line results," Kevin Taylor, House of Lithium Chairman.