All Mergers & acquisitions articles – Page 30
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NewsJD Sports acquires US footwear retailer Shoe Palace
JD Sports has announced the acquisition of American shoe retailer Shoe Palace in a bid to increase its exposure on the US west coast.
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NewsTopshop administrators seek up to £200m for flagship Arcadia brand
Topshop’s administrators hope for offers of up to £200m for the business, the jewel in the crown of Sir Philip Green’s Arcadia fashion empire.
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NewsTesco gets green light to complete sale of Asia business
Tesco is poised to complete the £8bn sale of its Thai and Malaysian business after buyer CP Retail Development Company rubber-stamped the deal.
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NewsCompetition watchdog to investigate Issa brothers’ Asda acquisition
The competition watchdog has launched a probe into the Issa brothers’ £6.8bn takeover of Asda.
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NewsMike Ashley’s Frasers swoops in with late rescue bid for Debenhams
Frasers Group has made a last-minute rescue bid for ailing department store chain Debenhams, with owner Mike Ashley vowing to save as many jobs as possible.
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NewsDebenhams to go into liquidation with 12,000 jobs at risk
Debenhams is set to go into liquidation putting 12,000 roles at risk after JD Sports confirmed it had withdrawn interest in buying the ailing department store chain.
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NewsIssa brothers’ EG Group fails in Caffè Nero bid
EG Group, the petrol forecourts empire of Asda’s new owners the Issa brothers, has failed in a bid to buy Caffè Nero.
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NewsPets at Home acquires telehealth service to boost digital capabilities
Pets at Home has purchased veterinary telehealth provider The Vet Connection in a bid to broaden its online services.
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AnalysisWhy Kingfisher’s NeedHelp acquisition is ‘missing piece of the puzzle’
Home and DIY giant Kingfisher announced the acquisition of French start-up NeedHelp this week, marking its first foray into the services sector.
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AnalysisAnalysis: Why would JD Sports want to buy Debenhams?
JD Sports has emerged as the frontrunner to acquire Debenhams and exclusive talks to buy the struggling department store business are underway.
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NewsKingfisher buys home improvement services marketplace NeedHelp
Kingfisher has acquired home improvement services marketplace NeedHelp as the group ramps up plans to become “more digital and service orientated”.
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NewsJD Sports enters talks with Debenhams over rescue bid
Sports fashion retailer JD Sports has entered exclusive talks with Debenhams over a rescue bid that could secure the future of the struggling department store chain.
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NewsClarks creditors approve CVA opening door to new investment
Clarks’ creditors have approved the company voluntary arrangement proposal it launched earlier this month, allowing it to move the majority of its stores to turnover-based rents and opening the door for external investment.
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NewsWalmart sells majority stake in Japanese supermarket chain Seiyu
US retail giant Walmart has sold its majority stake in Japanese grocery chain Seiyu for $1.6bn, continuing its retreat from international markets.
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NewsJD Sports mulls Debenhams rescue bid
JD Sports has emerged as a prospective bidder for the Debenhams and is understood to be running due diligence on the business.
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NewsJD Sports’ Footasylum deal revived as CMA verdict quashed
JD Sports’ acquisition of Footasylum could be back on after the Competition and Markets Authority’s decision to block the deal was sensationally quashed.
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AnalysisAs ‘for sale’ sign is raised over Homebase who might be potential buyers?
Homebase has revealed it is up for sale after returning to profitability. We take a look at who could be in the running to acquire the DIY specialist.
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NewsHomebase seeks new owners to drive next phase of growth
Homebase owner Hilco has hoisted the ‘for sale’ sign as the home and DIY business eyes the next phase of its transformation.
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NewsSupreme acquired by Timberland owner VF in $2.1bn deal
Iconic streetwear brand Supreme has been sold to VF Corporation, which owns brands including Vans and North Face, in a deal valued at $2.1bn (£1.6bn).
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NewsN Brown taps up investors for £100m fundraising as half-year profits fall
N Brown has launched a £100m fundraise to accelerate its strategy alongside reporting a decline in interim profits and sales.