All Mergers & acquisitions articles – Page 14
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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.
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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.
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News
US private equity firm eyes M&S with Rowe’s exit on the cards
US private equity firm Apollo Global Management has been mulling making a move on Marks & Spencer.
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News
JD Sports lambasts CMA as regulator orders sale of Footasylum
JD Sports has hit out at the competition watchdog after a final ruling ordered the retailer to sell the Footasylum business it acquired back in 2019.
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News
French Connection takeover approved by shareholders
French Connection shareholders have backed a £29m takeover deal to save the struggling fashion brand.
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Opinion
Return of the kings: Leahy and Rose to join Norman in some of retail’s biggest roles
The Keynote: Return of the kings – Leahy and Rose to join Norman in some of retail’s biggest roles
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Opinion
‘Morrisons: New dawn and new owners must bring renewed strategic focus’
The sun has set on a long and fruitful chapter in the history of one of Britain’s biggest retailers. Morrisons’ shares have been delisted from the London Stock Exchange, 54 years after it became a plc.
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News
JD Sports snaps up Greek retailer Cosmos
JD Sports has acquired a controlling stake in Greek retailer Cosmos as it presses ahead with its international expansion drive.
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News
PayPal bid for Pinterest could create new ecommerce powerhouse
PayPal has made a bid for social media giant Pinterest, sparking rumours of a new force in ecommerce.
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News
Morrisons shareholders rubber-stamp £7bn CD&R takeover
Morrisons shareholders have rubber-stamped the £7bn takeover of the grocer by Clayton, Dubilier & Rice (CD&R) nearly four months after private equity interest in the retailer first emerged.
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News
Asda’s £750m deal to sell forecourts business to EG Group terminated
The Issa brothers have pulled EG Group’s planned acquisition of Asda’s petrol forecourts business.
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News
Selfridges’ owners in talks with Qatar about potential £4bn sale
Selfridges’ owners the Weston family are reportedly in talks with Qatar about a potential takeover of the iconic department store chain.
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News
Leahy returns to grocery as Morrisons board gives green light to CD&R deal
Morrisons’ board has recommended acceptance of private equity group CD&R’s takeover offer, marking a likely return to grocery for former Tesco chief executive Sir Terry Leahy.
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News
Morrisons bidders to battle for the retailer in auction this Saturday
The ownership of Morrisons will be decided this Saturday when an auction between rival bidders will be held.
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Interview
Interview: How direct to consumer business Paws plans to kick on after Fetch acquisition
New ecommerce business Paws launches this week to cater to the wellbeing needs of dogs and cats. Retail Week meets founder Graham Coxell to find out how the business plans to kick on after purchasing Fetch from Ocado earlier this year
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News
Morrisons moves into food service for first time with new wholesale partnership
Grocery giant Morrisons is set to sell to pubs, restaurants and hotels as it bids to rapidly ramp up its wholesale business.
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News
Gap joins Next’s Total Platform to reboot UK operations
Next and Gap have announced a joint venture to manage the latter’s UK and Ireland operations.
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News
CD&R wins backing of Morrisons pension trustees
Clayton, Dubilier & Rice have taken another step towards winning the race for Morrisons by agreeing a “comprehensive package” with the grocer’s pension trustees.
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News
Couche Tard favourites should Asda owners look to sell EG Group
Canadian convenience store petrol station giant Couche Tard is seen as the favourite should Asda’s new owners look to sell off their forecourt empire.
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Analysis
Analysis: Why Morrisons’ Potts is feeling Christmas cheer despite profit slump
Despite reporting a slump in profits for the first half of the year, Morrisons was bullish on its full-year profit guidance, saying it would be higher than the £431m it reported in exceptional circumstances last year.