All Mergers & acquisitions articles
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NewsGordon Brothers stands by its approach on Poundland
Investor Gordon Brothers has defended its ownership record at troubled value retailer Poundland.
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NewsPoundland founder rules himself out of 11th-hour bid to save retailer
Poundland founder Steve Smith told Retail Week the retailer’s filing last week of a notice to appoint administrators would present “a problem” for any 11th-hour bidders looking to save the stricken brand.
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NewsArgos ‘energised’ as earnings rise ahead of sale
General merchandise giant Argos has improved full-year earnings ahead of its sale by Sainsbury’s, Retail Week can reveal.
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NewsTGJones owner Modella circles fashion brand Joseph
Modella Capital, the owner of TG Jones and Flying Tiger Copenhagen, is reportedly eyeing up a bid for British luxury fashion brand Joseph.
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NewsGovernment ‘keeping options open’ over potential Poundland collapse
The business secretary has signalled the government is ready to take action against Poundland’s US owner if they feel the retailer is wrongly forced to shutter.
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NewsThe Range and Wilko owner reports record revenue following Homebase acquisition
CDS Superstores, owner of The Range, Wilko, and Homebase, has reported record revenue following the acquisition of Homebase, Retail Week can reveal.
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Opinion‘A stench hangs over Poundland’s demise’
After the value retailer filed an intention to appoint administrators, questions are being asked of owner Gordon Brothers about why it ended up in such a parlous position, says George MacDonald
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NewsTesco to sell Czech Republic and Slovakia businesses
Dutch retail company Ahold Delhaize is set to buy the businesses in a deal worth £1bn to Tesco before tax and other transaction costs.
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NewsPoundland files notice of intention to appoint administrators
Value retailer Poundland looks poised to be put into administration, barring any last minute deal.
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NewsAccent Group hits back at Frasers ‘final offer’
Accent Group, the Australian retail chain, has hit back at the best and final declaration by Frasers Group yesterday, reaffirming its call to shareholders to reject the takeover offer.
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NewsPoundland owner restricts retailer’s access to funding
Gordon Brothers, the owner of Poundland, has limited the value retailer’s access to financing, further raising fears of an administration, Retail Week understands.
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NewsPoundland situation condemned as ‘unexpected, unwanted and wholly avoidable’
The possibility of a break-up of Poundland has been greeted with dismay at the value retailer, Retail Week can reveal.
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NewsFrasers Group’s stake in Hugo Boss crosses 50%
Hugo Boss will become a subsidiary of Frasers Group after the group raised its stake by more than 50%.
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NewsFrasers and Next run rule over Dune as sale process heats up
Fashion retail giants Next and Frasers have both run the rule over Dune London as they weigh potential bids for the footwear retailer, Retail Week understands.
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NewsB&M and Lidl enter Poundland race as sale process ramps up
Discount supermarket chain Lidl and value retailer B&M have both reportedly entered the race for Poundland, as the race to snap up some or all of the struggling chain intensifies.
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NewsSainsbury’s agrees deal to sell all Northern Ireland petrol stations
Sainsbury’s has reached an agreement to sell and transfer the operation of its eight petrol stations in Northern Ireland.
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NewsPoundland owner bolsters board as sale talks continue
The owner of Poundland has appointed a trio of restructuring experts to the retailer’s board ahead of a potential sale.
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NewsThe Range owner CDS makes bid for Poundland
The owner of The Range, Wilko and Homebase is understood to have joined the group of suitors circling Poundland.
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NewsletterGrocery Briefing: Asda sales growth recovery hits the skids, and have we hit peak Tesco?
Normal service resumes. I’m back from Australia and just in time for my favourite non-denominational definitely not a holiday. Yes, happy Worldpanel by Numerator grocery market share day! To celebrate, we’ll start by unwrapping Asda’s results first. A month after trumpeting a return to sales growth, normal service has resumed ...
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NewsLandsec increases ownership stake in Bluewater
Institutional landlord Landsec has announced it has completed the acquisition of an additional 10% stake in the Bluewater shopping centre.