All Mergers & acquisitions articles
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NewsBoots deal in doubt as offer price cut
A potential £7bn sale of health and beauty giant Boots is at risk after the Weston family lashed out at the amount it was willing to pay.
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NewsSainsbury’s sells Argos for £120m
Sainsbury’s has confirmed the sale of Argos for £120m as the grocery giant doubles down on its core food business.
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NewsPoundland owner makes bid for Harvey Nichols
Investor Gordon Brothers, owner of value retailer Poundland, has joined the battle to buy upscale department store group Harvey Nichols.
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NewsFrasers’ Hugo Boss takeover enters additional acceptance period
Frasers’ bid to acquire Hugo Boss has entered a new phase, with an additional acceptance period set to start tomorrow.
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NewsHammerson launches equity raise to help fund Manchester Arndale acquisition
Institutional landlord Hammerson has this morning launched an equity raise to help cover the costs of its £218m acquisition of a 50% stake in Manchester Arndale.
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NewsFrasers’ Hugo Boss takeover bid turns ‘unconditional’
Frasers Group has revealed that its takeover offer for Hugo Boss has become unconditional after receiving clearance from the European Commission.
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NewsSouthern Co-op transfers to Co-op group entity
The Co-op has today announced that the Southern Co-op has transferred to a wholly owned subsidiary of the group, as the competition watchdog review continues to rumble on.
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NewsHarvey Nichols bidders told it needs £60m for transformation
Bidders for Harvey Nichols have been urged to invest up to £60m in the department store chain to deliver a successful turnaround.
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InterviewHobbycraft’s Graeme Campbell discusses rebuilding after restructuring
Change is underway across the business, at both executional and channel levels, as Hobbycraft looks to a new era following its exit from a CVA, which resulted in a tranche of store closures and job losses.
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AnalysisCould the UK grocery market be headed for a new era of consolidation?
Given the ongoing bifurcation of the old big four, the rise of the discounters, and a more business-friendly regulator, the conditions appear right for a potential supermarket mega merger.
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NewsFrasers Group forces way into Harvey Nichols auction
Frasers Group has muscled into the ongoing auction for department store chain Harvey Nichols, despite pushback from a number of luxury brand owners.
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AnalysisCould Harvey Nichols acquisition finally help Next crack the luxury market?
Retail behemoth Next is setting its sights on luxury department store business Harvey Nichols, after the retailer’s Hong Kong owner hoisted a ‘for sale’ sign above the door
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NewsEG On the Move strikes deal to buy petrol stations
The business owned by former Asda owner Zuber Issa has struck a deal to buy 85 former Prax petrol stations.
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NewsNext plots offer for Harvey Nichols
Next is reportedly plotting to make an offer for luxury department store Harvey Nichols.
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NewsHarvey Nichols owner looks for rapid sale - reports
Financial advisers to department store chain Harvey Nichols have told potential bidders they have two weeks to submit an offer.
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NewsFrasers sells Malaysian Sports Direct business for over £100m
Frasers Group has agreed the sale of its interest in Sports Direct Malaysia to MAP Active for c.$150m (£113.2m).
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NewsAccent Group rejects Frasers’ ‘materially inadequate’ takeover bid
Australian retail group Accent has rejected the takeover bid from Frasers Group, branding the offer as “materially inadequate”.
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NewsFrasers says £1.7bn Hugo Boss offer is final
The company issued a statement yesterday saying its £1.7bn offer for the premium German fashion brand will not be increased.
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NewsCastore acquires 160-year-old shoemaker
Castore has snapped up one of Britain’s oldest footwear manufacturers, Grenson.
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NewsFrasers Group launches takeover bid for Australian retail group
Frasers Group has offered A$316m (£166m) for the remaining available shares of Accent Group, operators of brands including Hype and Platypus.