All Mergers & acquisitions articles – Page 83
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NewsTesco invites six bidders to make offers for South Korean business
Tesco has invited at least six companies to bid for its South Korean business unit, Homeplus, which has been valued at £4bn.
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NewsNew Look to refinance debt to reduce interest costs
New Look is seeking to refinance £1bn of debt to reduce interest costs ahead of its acquisition by South African investment house Brait.
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NewsBHS documents reveal full extent of decline as losses widen
The full extent of BHS’ decline has been laid bare in Companies House documents that show losses widened in its year to August 30.
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NewsCosmetics retailer Douglas acquired by CVC Capital Partners
Private equity group CVC Capital Partners has acquired perfume and cosmetics retailer Douglas from Advent International.
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AnalysisTimeline: Sports Direct owner Mike Ashley's rise in retail
As Mike Ashley makes his first venture into the general merchandising sector with Mega Value, we plot the Sports Direct owner’s career.
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NewsSnow & Rock Group sold to Cotswold Outdoor owner AS Adventure Group
AS Adventure Group has stepped up its interest in UK retail by snapping up the Snow & Rock Group from LGV Capital for an undisclosed sum.
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NewsDublin department store Arnotts bought by Fitzwilliam Finance Partners
The battle for Irish department store Arnotts has come to an end after Fitzwilliam Finance Partners acquired its rival Apollo’s 50% stake.
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NewsFindel to keep hold of Kitbag business as it decides not to sell
Home shopping group Findel has decided not to sell its sports retail business Kitbag following a strategic review.
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NewsBooker Group to acquire Londis and Budgens in £40m deal
Booker Group has agreed a deal to buy Musgrave Retail Partners’ GB business – which includes convenience retailers Londis and Budgens – for £40m.
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NewsAustin Reed Group still has legs if it can nail online and multichannel, says analyst
Struggling retailer Austin Reed Group is expected to see some “green shoots” soon as it focuses on a turnaround, according to an analyst.
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NewsAustin Reed Group steps up turnaround bid with investment firm loan
Austin Reed Group has secured an unspecified three-year loan from investment firm Alteri as it aims to turnaround the business and boost its multichannel offer.
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NewsNew Look boss: New owner Brait is in it for the long term
New Look’s boss has welcomed Brait and its long-term investment plan for the retailer, suggesting it is not a typical private equity firm.
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NewsNew Look sold to South African investment group Brait in £1.9bn deal
Fashion retailer New Look has been sold to South African investment group Brait in a deal valuing the retailer at £1.9bn.
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NewsBreakfast Briefing: Retail News on New Look, Co-op and Unite
Retail news round-up on May 15, 2015: New Look acquired by Brait, Co-op offers board overhaul compromise, and Uniteseeks discussions with supermarkets over job cuts
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NewsUS private equity firm TPG buys majority stake in Poundworld in £150m deal
US private equity firm TPG has bought a controlling stake in Poundworld in a deal understood to be worth as much as £150m.
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NewsBHS bolsters pre-teen offering with Claire’s Accessories partnership
BHS has signed a deal with Claire’s Accessories to trial six concessions in stores to complement its pre-teen clothing range.
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NewsBreakfast briefing: Retail news on Tesco, Co-op and Farfetch
Retail news round-up on May 13, 2015: Tesco to close remaining Homeplus stores, Farfetch acquires Browns and Co-op promises to amend its board election process.
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NewsThe Works majority shareholder Anthony Solomon bought out by Endless
The Works executive chairman and majority shareholder Anthony Solomon has sold his stake in the business to private equity firm Endless.
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NewsTesco gears up for sale of mobile business as review of non-core assets continues
Tesco is preparing for a sale of its mobile business as chief executive Dave Lewis continues his strategy of disposing of non-core assets.
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NewsHarrods launches scent-emitting bus stop as part of floral store takeover
Harrods has launched a scent-emitting bus stop to draw customers’ attention to a floral takeover of its store that celebrates summer.