All Mergers & acquisitions articles – Page 104
-
AnalysisAnalysis: Retailers race to grab Comet's market share
Electricals rivals are squaring up to grab share of Comet’s sales in the wake of its demise, but can they avoid a similar fate?
-
OpinionComment: Why is Comet the latest retail casualty?
So, another leading high street name has collapsed. The administrators have indicated that they will continue to trade the business as they look for buyers.
-
News
Carrefour to sell Malaysian operations to Aeon
Carrefour is selling its operations in Malaysia to Japanese retailer Aeon for E250m (£200.8m).Carrefour is the fourth-largest retailer in the country, with 26 hypermarkets and a turnover of E400m (£321.3m) for the year to June 30.According to Carrefour, the disposal reflects its strategy of “allocating resources to mature countries where ...
-
NewsComet management confirms plan to enter administration next week
Comet’s management has confirmed to staff this morning that it plans to enter administration next week.
-
News
Amazon in acquisition talks with bookseller Saraiva
Amazon is in acquisition talks with Brazilian bookseller Saraiva, according to sources.Saraiva is based in São Paulo and sells through stores and online. It is thought Amazon could leverage the deal to establish itself in the fast-growing Brazilian ecommerce market.Amazon declined to comment.
-
AnalysisAnalysis: Why Asos would be a good acquisition for Amazon
The news Amazon has considered acquiring Asos was questioned by analysts today given the US etail giant could have made the move long before the fashion etailer grew to be valued at nearly £2bn. Retail Week takes a look at why Asos could still make a good buy for Amazon.
-
-
NewsOpCapita considers Comet sale
Private equity firm OpCapita is considering a sale of electricals retailer Comet less than a year after purchasing it for £2.
-
News
Migros Zürich to takeover German grocer Tegut
Migros Zürich, a co-operative of Swiss retailer Migros, is to complete a takeover of German grocer Tegut by January 2013.Tegut operates about 290 outlets in Germany. In 2011 it generated sales of e1.17bn (£944m). Migros Zürich said the takeover will strengthen its business.
-
NewsUpdated: Abel & Cole acquired by Aunt Bessie's Yorkshire puddings owner
Organic vegetable box company Abel & Cole has been sold to William Jackson, the maker of Aunt Bessie’s Yorkshire puddings.
-
News
PPR to sell Fnac book and electronics chain
Luxury group PPR plans to sell its Fnac book and electronics chain as well as La Redoute, according to the Journal du Dimanche.The retailer is forging ahead with plans to divest both retail divisions in order to focus on its core luxury goods business.
-
AnalysisAnalysis: Exploring the challenges of retail acquisitions
Over the past year a number of acquisitions have been made by retailers. Liz Morrell explores the challenges of the deals and subsequent integration.
-
News
Woolworths sells its Dick Smith electronics chain
Woolworths has sold its Dick Smith electronics chain in Australia and its Indian wholesale venture for a combined AU$55m (£35.4m).Private equity firm Anchorage Capital Partners was the winning bidder, paying an initial AU$20m (£12.9m).Additionally, Woolworths will sell Woolworths Wholesale to Infiniti Retail – part of India’s Tata Group – for ...
-
OpinionComment: Competition in sports retail
Mike Ashley’s Sports Direct was the market leader in its category last week and remains so this week following the drawn-out demise of JJB Sports.
-
AnalysisOverseas investors: What do retailers need to know?
Sainsbury’s is believed to be the latest retailer attracting overseas investment attention in what has been a busy year for international deals.
-
News
Dia to take over troubled German drugstore chain Schlecker
Dia is taking over the Spanish division of troubled German drugstore chain Schlecker for e70.5m (£55.9m). The deal includes 1,127 outlets in Spain and 41 stores in Portugal, as well as four distribution centres, three in Spain and one in Portugal. Dia will also retain the 4,000 former Schlecker employees.The ...
-
NewsDave Whelan and Decathlon still in the frame for JJB Sports stores
JJB Sports founder Dave Whelan and French sports retailer Decathlon remain in the hunt for former JJB stores after its collapse into administration on Monday.
-
NewsJJB Sports collapses as Sports Direct acquires 20 shops
UPDATED: JJB Sports has collapsed into administration, with arch-rival Sports Direct acquiring 20 stores.
-
News
Walgreens to close 76 USA Drug-affiliated stores
Walgreens is to close its 76 USA Drug-affiliated stores by November as part of its acquisition of LaFrance Pharmacy.The closures will be in Tennessee, Mississippi and Arkansas. The programme comes after Walgreens announced the $438m (£269.9m) LaFrance acquisition in July.Walgreens spokesman Jim Graham said: “Our decisions about store closures are ...
-
NewsSports Direct closes in on JJB Sports deal despite Adidas obstacle
Unwanted JJB Sports stores are likely to face rapid closure if, as expected, likely buyer Sports Direct snaps up the retailer’s prime stores and stock.