All Mergers & acquisitions articles – Page 13
-
News
Former Morrisons suitor Fortress lines up £5bn bid for petrol forecourt giant
The US private equity giant that failed in a £7bn bid for Morrisons is now setting its sights on petrol forecourts operator Motor Fuel Group (MFG).
-
News
JD Sports ups profit forecast but delays results to address Footasylum fallout
JD Sports has upped profit expectations but delayed its full-year results so it can address the divestment of Footasylum and complete a governance review.
-
News
Cowgill hits back after JD Sports and Footasylum fined almost £5m by CMA
JD Sports has accused the Competition and Markets Authority (CMA) of using “inflammatory language” and reaching misleading conclusions after it handed down a nearly £5m fine to the retailer and Footasylum.
-
News
Boots suitors given until end of the month for fresh bids
Prospective bidders for Boots have been given until the end of the month to place first-round bids in the £7bn battle shaping up for the health and beauty retailer.
-
Opinion
‘Amid all the turbulence, retail starts the year from a position of relative strength’
Christmas was good for many retailers, but to maintain share or increase growth in a volatile environment, it will be necessary to invest in differentiation, believes PwC industry leader for consumer markets Lisa Hooker
-
News
Boots owner Walgreens kicks off sale amid fresh approaches
Walgreens Boots Alliance is understood to have launched the sales process for Boots, which could be valued as highly as £7bn.
-
News
Asda pauses search for chief executive successor
Asda has temporarily halted its search for a new boss to succeed Roger Burnley, with co-owner Mohsin Issa understood to be overseeing day-to-day operations in the interim.
-
News
Morrisons takeover faces deeper CMA probe over petrol competition concerns
Morrisons’ takeover by US private equity giant Clayton, Dubilier & Rice (CD&R) will face further scrutiny by the competition watchdog amid fears over petrol prices.
-
News
Morrisons kicks off search for new boss following CD&R takeover
Morrisons’ owners, private equity firm Clayton, Dubilier & Rice (CD&R) have launched a search for a new boss as current chief executive David Potts stated he would step down in about two years.
-
Data
Data: The companies investors placed their bets on in 2021
2021 marked another tumultuous year for the retail industry, but some bright sparks grew - and have been rewarded with the investment to grow further. Retail Week explores the companies that received the most investment in the UK in 2021.
-
News
New Selfridges owners plan to add hotel and apartments to Oxford Street flagship
Selfridges’ new Thai and Austrian joint owners are planning a revamp of its Oxford Street flagship that would include an upmarket hotel and food hall.
-
News
Landsec ups stake in Bluewater as retail values and rents stabilise
Institutional landlord Landsec has upped its stake in shopping centre Bluewater and agreed to sell a share to co-owner M&G as Covid continues to stabilise retail values and rents.
-
News
Nike makes further metaverse moves with digital fashion house acquisition
Nike is set to acquire virtual fashion and non-fungible token (NFT) platform RTFKT for an undisclosed sum.
-
News
JD Sports set to concede defeat in Footasylum takeover battle
JD Sports is on the cusp of relinquishing ownership of Footasylum following a protracted battle with the Competition Markets Authority (CMA) regarding the takeover.
-
News
Holland & Barrett snaps up at-home beauty business Blow
Health and wellness retailer Holland & Barrett has snapped up at-home beauty services business Blow Ltd for an undisclosed sum.
-
Analysis
Analysis: Back to full health – what would Boots need from a new owner?
While Boots’ strategy has led to the growth of certain categories over the pandemic, some areas of the business are suffering due to underinvestment. Retail Week examines what a potential new owner of the retailer would need to focus on in order to bring Boots back to full health.
-
Opinion
‘If Boots is on the block, Tesco and Murphy look primed to swoop’
Walgreens Boots Alliance is thought to be seeking a buyer for its UK business – and Tesco could provide the perfect suitor, writes Retail Week editor Luke Tugby
-
Analysis
Analysis: What the Central Group deal means for Selfridges
Following months of speculation, it was revealed that Thailand’s Central Group has agreed on terms to snap up famous department store business Selfridges.
-
News
Halfords acquires automotive service business National in £62m deal
Halfords has snapped up automotive service and repair chain National in a deal that boss Graham Stapleton says “cements” the chain as the UK’s largest vehicle repair business.
-
News
Selfridges set to be sold to Thailand’s Central Group
Selfridges owners the Weston family have reportedly agreed to sell the department store chain to Thailand’s Central Group, with hopes for the deal to be completed by the end of this year.