All Mergers & acquisitions articles – Page 111
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NewsGame to offload overseas operations
Entertainment group Game aims to offload overseas businesses as it seeks to stem widening losses in the face of a punishing games market.
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NewsMorrisons acquires meat processing facility
Morrisons has acquired a meat processing facility in Winsford, Cheshire from Vion UK.The 105,000 sq ft site is a centralised fresh pork and lamb packing plant which has the capacity to expand into beef products and increase its overall production.The acquisition will give Morrisons greater capacity as it continues to ...
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NewsGarden Centre Group in exclusivity talks with Terra Firma
Garden Centre Group is to enter exclusivity talks with private equity firm Terra Firma, it is understood.
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NewsDolcis bought out of administration
The Jacobson Group has bought footwear retailer Dolcis out of administration.
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NewsDeadline for Peacocks bids looms as other retailers target the stores
Private equity firms including Permira and Cinven are understood to have ruled out buying Peacocks, while other investment firms and retailers eye its stores.
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AnalysisProfile: Richard Kirk, former Peacocks group chief executive
The former Peacocks group chief executive fought to the bitter end to save the retailer and the people working for it.
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NewsHawkins Bazaar back in the game
The owner of Hawkins Bazaar, Primary Capital – which bought back the business out of administration last week – plans to revive the toy retailer by focusing on concessions and online as it appoints a new chief executive.
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NewsManagement shake up as Irisa and Jacques Vert businesses merge
Private equity owner Sun European Partners has merged its two womenswear businesses Jacques Vert and Irisa, formerly Alexon, and has appointed Jacques Vert chief executive Paul Allen to head up the newly formed business.
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Merger announced for Shopko and Pamida
Shopko and Pamida, both owned by an affiliate of Sun Capital Partners, are to merge. The retailers expect the deal to close in mid-February, and financial details have not been disclosed. With Shopko and Pamida’s annual revenues of $2bn (£1.29bn) and $1bn (£647.4m) respectively, the companies will operate nearly 350 ...
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Demandtec strikes merger agreement with IBM
Walmart’s vendor of price optimisation software Demandtec has struck a merger agreement with IBM worth $440m (£281.6m).Demandtec’s cloud-based analytics solution helps retailers to adjust pricing according to customer buying patterns. Demandtec serves about 450 clients worldwide, including some of the biggest names in retail such as Casino, Ahold, Delhaize and ...
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NewsOFT investigates e-Spares acquisition
The Office of Fair Trading (OFT) is to investigate the acquisition of online spare parts retailer e-Spares by Connect Distribution Services.
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Casino’s board rejects planned merger
Casino’s board has rejected the planned merger of Brazilian hypermarket and supermarket operator Grupo Pão de Açúcar – in which the retailer has about a 40% stake – with French competitor Carrefour.On the back of the news, the Brazilian state development bank said it was pulling its $3bn (£1.9bn) investment ...
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AnalysisBattle for Brazil heats up with Carrefour merger
Carrefour’s board has signed off on a plan to merge its Brazilian assets with the local grocery market leader Grupo Pão de Açúcar (GPA), in which its French rival Casino Group has a minority stake.
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NewsOFT casts eye over Amazon's acquisition of The Book Depository
The Office of Fair Trading (OFT) is considering whether to investigate etail giant Amazon’s acquisition of online bookseller The Book Depository.
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NewsClinton Cards mulls management buyout
Clinton Cards management has approached City banks with a plan to buy the company from the Stock Exchange.
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NewsBuyout lifts Kurt Geiger’s chances of successful American expansion
The £215m sale of Kurt Geiger to Jones Group is set to give the footwear retailer a step up in the US, while giving Jones greater access to the UK and European markets.
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NewsTesco's Mills Group acquisition given green light
The Office of Fair Trading will not refer Tesco’s acquisition of Mills Group to the Competition Commission.
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Asda gets the go ahead from OFT for Netto deal
The Office of Fair Trading has ruled that Asda’s acquisition of Netto will not be referred to the Competition Commission.
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AnalysisGoing, going... gone
As Icelandic investors consider exiting high-profile retailers, George MacDonald asks whether the stores sector can look forward to a raft of deals in the year to come
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NewsJD says chains will stay separate if talks with JJB are successful
JD Sports Fashion executive chairman Peter Cowgill has said that he plans to continue to run JJB Sports as a separate chain if he buys the business, and believes the JD management team can offer expertise to the struggling retailer.