All Mergers & acquisitions articles – Page 106
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NewsBest Buy appoints chief executive as takeover talks stall
US electricals retailer Best Buy has appointed turnaround specialist Hubert Joly as its new chief executive.
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NewsPotential Allders bidders wary on property fears
Allders administrator Duff & Phelps is struggling to sell the iconic department store because of doubts over the property.
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Pet etailer MedicAnimal acquires grooming site
Online pet food retailer MedicAnimal has acquired pet grooming site Petmeds.co.uk.
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NewsCarlyle Group lines up £50m deal for Graze
American private equity firm Carlyle Group is understood to have registered interest in taking a stake in mail order food company Graze.
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AnalysisAnalysis: Co-op’s battle continues as new era dawns
With its boss stepping down amid challenging market conditions and falling sales, can the Co-op reverse its decline and continue to compete against the big four?
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Lowe’s aims to acquire Canadian competitor
Home improvement retailer Lowe’s aims to acquire Canadian competitor Rona for C$1.8bn (£1.15bn).Rona has already publicly rejected the offer stating that “it is not in the best interest of the company and its stakeholders” and that it would prefer to remain focused on executing its business plan.Rona is implementing its ...
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Richard Schulze in bid to purchase Best Buy
Best Buy founder Richard Schulze is vying to buy the electronics giant in a $9bn (£5.8bn) deal.Schulze, who was ousted as chairman in June, already owns 20% of the retailer and is looking to team up with private equity firms to buy the remainder.Schulze’s financial adviser Credit Suisse said it ...
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NewsCo-op refinancing may lead to acquisition
The Co-operative Food could acquire a smaller operator after the retailer secured a refinancing of almost £1bn this week.
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Media-Saturn acquires electronics etailer 003.ru
Germany-based Media-Saturn, part of the Metro Group, has acquired Russian electronics etailer 003.ru from founder Vladislav Oulendeev, subject to approval by anti-trust authorities.Media-Saturn chief executive Horst Norberg said: “Our objective is to position our new subsidiary in Russia as an inexpensive online retailer, similar to Redcoon in Western Europe.”
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NewsEthel Austin rescued by clothing entrepreneur
Ethel Austin has been bought out of administration by Liric, a firm controlled by clothing entrepreneur Mike Basso.
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AnalysisAnalysis: What's the best route to international markets?
As trading conditions in the UK remain tough, retailers are looking overseas for growth. We look at the potential and pitfalls of the various routes to international markets.
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NewsAnalysis: Jacques Vert Group - Merger creates new strategy
The newly created group has a busy year ahead as it bids for share of its specialist market.
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NewsOFT to examine American Greetings' Clintons deal
The Office of Fair Trading (OFT) is to investigate US card giant American Greetings’ acquisition of nearly 400 Clinton Cards stores.
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NewsComet: Asserting itself in electricals market
The electricals retailer is emphasising its value proposition to reassert itself in the market.
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NewsEthel Austin collapses into administration
Ethel Austin has collapsed into administration for the fourth time.
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NewsTillman mulls Allders bid
The former owner of collapsed department store Allders, Harold Tillman, is considering buying it back.
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NewsSports Direct acquires stake in designer chain
Sports Direct has expanded its premium and luxury division by snapping up a majority stake in Flannels, an independent retailer which sells designer clothing.
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AnalysisLotte Shopping acquires controlling stake in Hi-Mart
South Korean retail giant Lotte Shopping has ended months of speculation and announced its intention to acquire a controlling 65.25% stake in the nation’s largest electronics specialist retailer, Hi-Mart.
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NewsPaphitis eyes more deals after Robert Dyas purchase
Entrepreneur intends to grow the 96-store hardware retailer and tap into trend for convenience.
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AnalysisIn numbers: Hamleys suitor Ludendo
French toys retailer Ludendo is vying to buy Hamleys. Retail Week takes a closer look at the group.