All Mergers & acquisitions articles – Page 33
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NewsEbay sells Gumtree to Norwegian rival Adevinta in $9bn deal
Ebay has sold its online classifieds business, which includes its Gumtree platform in the UK, in a $9bn (£7.1bn) deal as it ramps up focus on its core marketplace proposition.
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Opinion‘Walmart’s Asda Price must be right to secure private equity backing’
On, then off. On, then off. And now back on again. Walmart has resumed efforts to sell off a majority stake in Asda – and hopes it will prove to be third time lucky.
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NewsRivals lambast CMA’s provisional findings on Deliveroo–Amazon tie-up
A number of food retailers and other rivals have criticised the Competition and Markets Authority’s provisional clearance of Amazon’s proposed investment in Deliveroo.
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OpinionOpinion: Lululemon’s Mirror deal should usher in new type of retail acquisition
Sports apparel and leisurewear specialist Lululemon’s $500m purchase of interactive home gym start-up Mirror may turn out to be one of retail’s most inspired deals this year.
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NewsKim Kardashian sells $200m stake in cosmetics brand
French beauty titan Coty has snapped up a 20% stake in Kim Kardashian West’s KKW cosmetics range, less than a year after acquiring a majority stake in her sister Kylie Jenner’s beauty brand.
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NewsCMA chair forced out following row with directors
The chair of the UK’s competition watchdog was forced to step down three years before his term after a row with its chief executive.
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NewsM&S and Next eye Victoria’s Secret UK arm
High street stalwarts Marks & Spencer and Next are understood to be mulling bids for beleaguered lingerie brand Victoria’s Secret’s UK division.
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NewsCMA clears Amazon-Deliveroo tie-up despite financial turnaround
The competitions watchdog has once again provisionally cleared ecommerce giant Amazon’s investment in food delivery app Deliveroo, despite the latter’s financial turnaround.
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AnalysisAnalysis: Is UK retail turning its back on internationalism?
With both Tesco and Superdry pulling out of international ventures on the same day, Retail Week asks whether UK retail is scaling back its global ambitions.
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NewsThe Hut Group signs £100m worth of new beauty partnerships
The Hut Group’s technology arm has confirmed the signing of new partnerships with a number of beauty brands worth more than £100m.
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NewsSuperdry ends Chinese joint venture following strategic review
Fashion brand Superdry has confirmed it has ended its Chinese joint venture with Trendy, following a review of its long-term business strategy in the region.
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NewsTesco continues international retreat with sale of Polish business
Supermarket giant Tesco has agreed in principle the sale of its 300-plus strong Polish business and associated distribution centres and head office.
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AnalysisAnalysis: What’s next for Boohoo, fashion’s new conglomerate?
Boohoo has wasted no time making good on its plan to snap up distressed fashion brands for a song in the post-pandemic retail landscape.
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NewsBoohoo snaps up Oasis and Warehouse as first quarter sales surge
Boohoo has acquired the intellectual property of Oasis and Warehouse in a £5.2m deal alongside posting a jump in first-quarter revenue.
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NewsCMA delays final Amazon-Deliveroo decision until August
The Competition and Markets Authority (CMA) has delayed publishing its final decision on the proposed tie-up between Amazon and Deliveroo until the first week of August.
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NewsThe Hut Group profits soar as total sales exceed £1bn
The Hut Group profits have rocketed while total sales have surpassed £1bn driven by new brand acquisitions and investment in technology.
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NewsSegro completes fundraising as it eyes bigger piece of online shopping boom
UK warehousing group Segro has raised £680m from a new share placing to fund the acquisition of new online distribution facilities.
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NewsMalcolm Walker takes full ownership of Iceland in £115m deal
The founder and chief executive of Iceland has taken full ownership of the retailer after buying out the remaining stake of external investor Brait.
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NewsSpanish giant snaps up Charlotte Tilbury makeup empire
Barcelona-based fashion and fragrance company Puig has snapped up Charlotte Tilbury in a deal that could have valued the company at up to £1bn.
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OpinionOpinion: Carrefour must learn from the past to avoid another bout of travel sickness
Carrefour’s acquisition of 224 stores in Taiwan runs counter to recent strategic retreats from international markets of many once-global food retailers. International expansion remains a viable route to growth for food retailers, but only if the lessons of the past can be learned.