All Mergers & acquisitions articles – Page 65
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NewsLenta to acquire rival Kesko's grocery business
Russia’s largest hypermarket chain Lenta has penned a multi-billion ruble deal to acquire rival Kesko’s grocery business.
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NewsHomebase like-for-like transactions up in first quarter
New Homebase owner Wesfarmers has reported an increase in transactions in its first complete quarter since acquiring the DIY retailer.
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AnalysisTimeline: How Sainsbury's won the race for Argos
Sainsbury’s pulled off the biggest retail deal of the year when it sealed the £1.4bn acquisition of Argos owner Home Retail Group after a tussle for control.
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NewsSainsbury’s boss Coupe slams 'nonsensical' Argos critics
Sainsbury’s boss Mike Coupe has described it as “nonsensical” to suggest that Argos will not work alongside the grocer’s existing offer.
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NewsHamleys profits fall following £1m cost of Chinese takeover
Hamleys pre-tax profit reported a fall in pre-tax profits after the cost of its Chinese takeover dented earnings.
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NewsWalmart increases stake in etailer JD.com as it grows online business
Walmart has almost doubled its stake in Chinese etailer JD.com as the world’s biggest retailer continues to bolster its online presence.
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NewsForecourt retail giants merge and name ex-Asda boss DeNunzio chairman
Forecourts operator Euro Garages is to merge with continental counterpart EFR and has drafted in former Asda boss Tony DeNunzio as chairman.
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NewsWoolworths mulls selling petrol station chain as it refocuses on grocery
Australian grocer Woolworths is considering selling its petrol station forecourt business in a move that could net it A$1.5bn (£890m).
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NewsCath Kidston sold to private equity group Baring Asia as chairman steps down
Lifestyle retailer Cath Kidston has been sold to private equity firm Baring Asia, and Asian expansion is at the top of the agenda.
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NewsThe Cotswold Company acquired by private equity firm True Capital
Private equity firm True Capital has acquired a majority stake in pure-play furniture retailer The Cotswold Company.
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NewsTheo Paphitis’s Ryman acquires specialist London Graphic Centre
Retail entrepreneur Theo Paphitis’s Ryman stationery business has bought art and design materials specialist London Graphic Centre.
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NewsJack Wills sold to Liberty owner BlueGem as full-year profits tumble
Jack Wills founder Peter Williams has joined forces with Liberty department store owner BlueGem to acquire the fashion chain.
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NewsBreakfast briefing: Retail news on Tesco, Jack Wills, Lakeland and more
Retail news round-up: Tesco faces £150m claim from investors, Lakeland profits dip and Dominic Chappell under SFO probe
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NewsEast chief executive quits as owners Fabindia sell 80% stake
East boss Suzi Spink has quit the fashion retailer in the wake of its owners selling an 80% stake to a New York based investor.
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NewsBreakfast briefing: Retail news on high street sales, Walmart and more
Retail news round-up: September retail sales slump, Next founder calls for more women in top roles and Walmart mulls stake in India's Flipkart.
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NewsAmerican Apparel boss quits amid 'challenging' trading
American Apparel boss Paula Schneider, who was appointed to engineer a turnaround, has resigned amid reports of a possible sale.
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NewsUpdate: The Hut bulks up sports nutrition offer with Ideal Shape deal
The Hut Group has completed a deal to acquire US-based weight management and sports nutrition retailer Ideal Shape as it continues its rapid expansion.
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NewsBreakfast briefing: The Hut Group, business rates and footfall
Retail news round-up: The Hut Group’s takeover of US firm, August footfall up due to tourist influx, and John Lewis’s pension hole problem
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NewsSteinhoff seals £610m capture of Poundland after court approval
South African retail giant Steinhoff has completed its £610m capture of value retailer Poundland, two months after a deal was first agreed.
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NewsPep&Co embarks on aggressive store expansion plan to drive Christmas sales
Pep&Co plans to open more stores in addition to concessions in Guess How Much! outlets to bolster its offer for Christmas trading.