All Mergers & acquisitions articles – Page 39
-
NewsGame advises investors to accept Sports Direct offer
Directors of computer entertainment retailer Game have advised shareholders to accept a takeover offer from Mike Ashley’s Sports Direct that values the business at £51.9m.
-
NewsNext acquires Fabled beauty brand from Ocado
Next has bought Marie Claire Beauty Limited from Ocado in a deal that is guaranteed to net a minimum of £3m for the online grocer and technology company.
-
NewsWaterstones owner joins race for Majestic Wine
Elliott Advisors – the investment company that owns Waterstones and most recently acquired Barnes & Noble – has made a bid for Majestic Wine.
-
NewsBarnes & Noble snapped up by Waterstones owner
Barnes & Noble has been acquired by Waterstones’ parent company Elliott Advisors in an all-cash deal.
-
NewsSports Direct tables £52m bid for Game Digital
Sports Direct has tabled a £51.9m offer for Game Digital – and pledged to launch an immediate review of its operations should the deal go through.
-
NewsKaren Millen owner puts chain up for sale
Karen Millen’s Icelandic owner is mulling a sale of the high street fashion chain, after receiving multiple offers for it.
-
NewsReiss denies majority stakeholder looking to sell
Reiss has categorically denied recent media speculation that private equity firm and majority stakeholder Warburg Pincus is looking to sell the retailer.
-
NewsJD Sports faces CMA probe over Footasylum acquisition
The Competitions and Markets Authority (CMA) has launched an investigation into JD Sports over its £90m acquisition of Footasylum.
-
NewsWalmart's Judith McKenna: We're focused on Asda's future
Walmart International boss Judith McKenna has insisted the business is committed to driving Asda’s strategic plan following the collapse of its proposed merger with Sainsbury’s.
-
AnalysisAnalysis: Is Westfield delay making Croydon a retail graveyard?
Westfield and Hammerson’s new £1.4bn Croydon mega-mall was heralded as a catalyst for regeneration. However, construction is delayed, the scheme is ‘under review’ and traders are being forced to shut up shop. Hugh Radojev investigates
-
NewsAshley to invest millions in upgrading House of Fraser stores
Mike Ashley has pledged to invest hundreds of millions of pounds into House of Fraser in exchange for three-year rent holidays on the redeveloped stores.
-
NewsHamleys sold to Indian franchise partner
Hamleys has been snapped up by Indian titan Reliance Industries in a £70m deal.
-
NewsBonmarché board unanimously rejects Philip Day offer
Bonmarché has unanimously rejected the offer made by prospective buyer Philip Day, and said the cost-reduction plans of its board will succeed “in the medium term”.
-
NewsWalmart mulls Asda sale after failed Sainsbury’s mega-merger
Walmart is exploring the possibility of exiting from Asda after the CMA blocked its merger with fellow big four grocer Sainsbury’s.
-
CartoonRetail cartoon: Mike Coupe's change of tune
Patrick Blower’s take on Mike Coupe having to sing a different song after the CMA blocked the Sainsbury’s-Asda merger
-
AnalysisAnalysis: Will Arcadia's CVA be the final straw for landlords?
Could Sir Philip Green’s plan to shed stores through a CVA be a step too far for landlords? Hugh Radojev investigates
-
VideoWatch: Are consumers losers from Sainsbury's-Asda verdict?
After the competition watchdog vetoed the Sainsbury’s-Asda merger, TCC Global insights director Bryan Roberts joins the team to discuss whether the decision will do more harm than good for consumers.
-
AnalysisAnalysis: Has the CMA killed grocery M&A?
The CMA has blocked the proposed merger between big-four titans Sainsbury’s and Asda, saying the union would cause a ’substantial lessening of competition’ in UK grocery. What does its verdict mean for the future of the sector?
-
OpinionOpinion: CMA is wrong to kibosh Sainsbury's-Asda deal
It is not the job of the CMA to throw a protective arm around moribund businesses unable to adapt to changing competitive conditions.
-
AnalysisAnalysis: What next for Sainsbury's and Asda?
Almost a year to the day since unveiling plans for a landmark £13bn merger, Sainsbury’s and Asda have been told they must each go solo.