All Mergers & acquisitions articles – Page 25
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News
Private equity firms circle Asda for potential £7bn takeover
Asda has attracted several interested private equity firms for a potential takeover which, according to reports, could value the business at over £7bn.
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News
Poundland parent delays flotation amid coronavirus volatility
Stock market volatility triggered by coronavirus fears and the unrelated illness of boss Andy Bond has prompted Poundland owner Steinhoff to hold off on floating the value retailer.
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News
Moss Bros to be bought by Crew Clothing owner Michael Shina
Moss Bros is set for a return to private ownership after agreeing terms on a cash bid from the owners of Crew Clothing.
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Opinion
Opinion: The CMA is on a power trip – and retail should be worried
Lord Andrew Tyrie hasn’t written his memoirs yet. If and when he does, he might want to consider borrowing the title: How to Lose Friends and Alienate People.
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News
Walmart ‘in discussions’ to sell Asda stake
Asda’s parent company Walmart has said it may sell a stake in the business and has opened discussions with a “small number of interested parties”.
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News
McColl’s to close more than 300 stores over next four years
The chief executive of McColl’s has said the convenience store group will look to shut as many as 330 stores over the next three or four years as it seeks to rationalise its store estate as part of its strategic shift.
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News
Forever 21 names former H&M US boss as new chief executive
The new owners of fast-fashion retailer Forever 21 have named former H&M US president Daniel Kulle as chief executive to steer the business out of bankruptcy.
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News
Victoria’s Secret to go private in $525m deal as CEO exits
Victoria’s Secret is set to be taken private as a controlling stake in the business is acquired by investment firm Sycamore Partners.
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News
Forever 21 bought out of bankruptcy
US-based fast-fashion retailer Forever 21 has been bought out of bankruptcy by three buyers with international ambitions for the brand.
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Analysis
Valentine’s Day: The retail marriages made in heaven
This Valentine’s Day, Retail Week looks at the retailers that have formed long-lasting unions be it through mergers, acquisitions or partnerships.
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News
Intu £1bn deal with Hong Kong-based investor falls through
Embattled institutional landlord Intu has confirmed that discussions over an emergency recapitalisation with a Hong Kong-based investment fund have fallen through.
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News
Former Poundland owner teams up to bid for Pepco
The former owner of Poundland has joined with two private equity firms in a bid to take over the discount retail chain’s parent company.
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Analysis
Analysis: Is the CMA killing retail?
Asda-Sainsbury’s, JD Sports-Footasylum and potentially Amazon-Deliveroo – the CMA has been taking a tough stance on retail M&A over the past two years. But is the watchdog’s clampdown on mergers actually hurting the industry?
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News
Frasers Group acquires stake in luxury handbag retailer Mulberry
The Mike Ashley-owned Frasers Group has acquired a stake in global handbag retailer Mulberry as part of what it calls the strategic “elevation of our retail proposition”.
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News
French Connection fails to find buyer as sale taken off the table
French Connection has revealed it is no longer looking for a buyer, following a strategic review.
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News
Amazon and Deliveroo lash out at ‘speculative’ CMA investigation
An investigation into the proposed tie-up between Amazon and food delivery app Deliveroo is “speculative and not supported by evidence”, the businesses have warned the CMA.
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News
HMV owner expands store estate with US acquisition
HMV and Sunrise Records owner Doug Putman has acquired US retailer For Your Entertainment.
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News
Google acquires retail tech start-up in multimillion-pound deal
Google has acquired a tech start-up that helps local retailers share product inventory online to help consumers discover smaller, local stores on a much bigger scale.
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Opinion
Opinion: Aldi’s Leader Price takeover will step up discounter push in Europe
Compared to other parts of the food retail business, the discounters are not renowned for their track record in mergers and acquisitions.
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News
Carrefour completes acquisition of lunch delivery service Dejbox
French supermarket giant Carrefour has completed the acquisition of a start-up that delivers lunches to office workers in a bid to expand its grocery ecommerce offering.