All Mergers & acquisitions articles – Page 52
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NewsHobbs bought by Phase Eight and Whistles owner Foschini
Phase Eight and Whistles owner The Foschini Group (TFG) has acquired upmarket womenswear retailer Hobbs for an undisclosed sum.
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NewsNisa rebels aim to block Co-op’s takeover
A group of Nisa shopkeepers hope to block the Co-op’s £143m takeover of the convenience retailer.
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NewsBrightHouse bondholders close in on takeover deal
A consortium of BrightHouse’s bondholders is reportedly working towards a debt-for-equity deal for the struggling business.
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NewsPlanet Organic hires advisers to consider sale
Planet Organic’s owners are considering a sale of the healthy eating specialist.
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NewsWaterstones’ owner Mamut considers £250m sale
Waterstones may be sold by its Russian owner, who has drafted in advisers to explore options.
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NewsSports Direct gears up for cycling store roll out
Sports Direct has snapped up triathlon specialist brand Tri UK and plans to roll out six new stores next year, including a Nottingham flagship.
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NewsWiggleCRC boosts European presence with Bike24 deal
WiggleCRC has snapped up German cycling etailer Bike24 to ramp up its European reach in a reported £100m acquisition.
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NewsTesco target Booker’s profits surge as sales rise
Tesco’s intended acquisition Booker has reported a jump in profits in its first half, although its sales rise was dampened by plummeting demand for tobacco.
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NewsToday in retail: Co-op closes in on Nisa deal
The Co-op’s swoop for Nisa took a giant step forward today when the symbol group and wholesaler’s board recommended the £137.5m offer to shareholders.
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NewsNisa board recommends Co-op’s £137.5m offer
Nisa’s board has “unanimously” recommended the Co-op’s offer worth up to £137.5m to its shareholders.
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NewsBrightHouse circled by consortium of US hedge funds
BrightHouse is being circled by a consortium of bondholders as pressure mounts on the rent-to-own retailer to strike a refinancing deal.
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NewsOasis, Coast, Warehouse sale abandoned by Kaupthing
Icelandic bank Kaupthing has abandoned plans to sell Oasis, Coast and Warehouse after insisting the market “does not currently recognise the value” of the businesses.
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NewsWholesalers call on CMA to block Tesco-Booker merger
The bosses of the UK’s seven biggest wholesale businesses have called on the Competition and Markets Authority (CMA) to block the deal.
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NewsToday in retail: DFS profits dive as big ticket divides
DFS unveiled an understuffed set of results today, demonstrating growing disparity in the big ticket market.
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NewsThe Hut grows beauty empire with Illamasqua acquisition
The acquisitive Hut Group has added cult cosmetics brand Illamasqua to its fast-growing beauty empire.
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NewsAngling Direct reels in rival fishing retailer Fosters
Angling Direct has snapped up rival Fosters Fishing as it presses ahead with its ambitious expansion plans.
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NewsBody Shop poaches Charles Tyrwhitt boss for CEO role
The Body Shop has snapped up Charles Tyrwhitt’s chief executive David Boynton to take the helm of its global business.
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NewsIkea enters gig economy as it acquires TaskRabbit
Ikea has bought odd-jobs firm TaskRabbit, which sends workers to people’s homes to carry out chores such as assembling flat-pack furniture.
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NewsBrightHouse up for sale as it races to refinance bonds
Rent-to-own retailer BrightHouse is up for sale as the business races to refinance £220m of bonds that are due next year.
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NewsWiggle losses widen despite climbing sales
Sports etailer Wiggle has posted widening losses in its full-year results despite a sales increase as its Chain Reaction Cycles acquisition punctured its bottom line.