All Mergers & acquisitions articles – Page 18
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NewsWilko administrators confirm locations of 51 store closures
Administrator PwC has confirmed the locations where Wilko stores will be closing on September 12 and September 14.
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NewsB&M acquires 51 Wilko stores
Discount retailer B&M will take over 51 Wilko stores, but a wider rescue deal from HMV owner Doug Putman remains uncertain.
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NewsWilko rescue deal ‘in limbo’ over supplier issues
A rescue deal by HMV owner Doug Putman to save collapsed retailer Wilko is reportedly “in limbo” following issues with some of its big suppliers.
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NewsExclusive: OnBuy ‘exploring possible synergy’ with Putman to save Wilko
UK-based online marketplace OnBuy is exploring a “possible synergy” with HMV owner Doug Putman as they look to save Wilko, Retail Week can reveal.
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NewsNext buys £128m stake in Reiss from private equity firm
Fashion giant Next has confirmed the purchase of private equity firm Warburg Pincus’ 34% stake in Reiss, upping the retailer’s total stake to 72%.
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NewsHMV owner Putman moves closer to rescue deal for Wilko
HMV owner Doug Putman is said to be edging closer to buying a large portion of troubled retailer Wilko.
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NewsNatura eyes sale of The Body Shop
The Body Shop’s parent company Natura & Co is reportedly eyeing a sale of the business after difficulties making the retailer more profitable.
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NewsHMV owner Putman makes last-minute offer for Wilko
HMV owner Doug Putman has made a last-ditch offer to save troubled retailer Wilko after the company fell into administration.
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InterviewQ&A: Stokke CEO Jacob Kragh on acquisitions, flagships and partner-run stores
Stokke chief executive Jacob Kragh speaks to Retail Week about his M&A plans, store strategy and where he sees the next phase of growth
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NewsJD Sports takes full ownership of Poland’s MIG
JD Sports has entered “a conditional agreement to acquire the outstanding 40% minority stake” of Marketing Investment Group (MIG) making it the 100% sole owner of the Poland-based footwear and clothing company.
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NewsTHG snaps up business newspaper City AM
THG, which owns brands such as Lookfantastic and MyProtein, has snapped up London-based business newspaper City AM in an 11th-hour deal to save the newspaper from the brink of insolvency.
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NewsTHG offloads OnDemand division to management to focus on core operations
Online group THG has sold its OnDemand business – which includes entertainment specialist Zavvi – to the division’s management.
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NewsHotter Shoes bought by Woolovers in pre-pack deal
Knitwear retailer Woolovers Group has acquired Hotter Shoes in a deal that will see all 421 employees and 27 stores and concessions “transferred across to the purchaser”.
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AnalysisFrasers or Nordstrom: who is Asos’ perfect match?
Embattled fashion pureplay Asos has recently been at the centre of takeover talks following reports of a £1bn takeover bid by Turkish fast-fashion retailer Trendyol. Frasers Group also sparked speculation by increasing its stake in the fashion retailer three times in two weeks
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NewsFrasers Group ups stakes in N Brown and Currys
Frasers Group has increased its stakes in fashion retailer N Brown and electricals retailer Currys in a continued shopping spree for Mike Ashley’s retail empire.
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NewsJD Sports strengthens position in Iberia with £427m acquisition
JD Sports is set to buy out the minority shareholders in Iberian Sports Retail Group (ISRG) to acquire 100% of the brand as it strengthens its foothold in the Iberian peninsula.
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NewsRevolution Beauty sales leap amid Boohoo requisition
Revolution Beauty has reported a jump in sales and believes it is “appropriate to update all shareholders on the group’s most recent trading performance” in light of the requisition notice by Boohoo.
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NewsNext in talks with Elliott Advisors over Reiss sale
Fashion giant Next is in talks with private equity house Elliott Advisors regarding the sale of its 51% stake in Reiss, according to Sky News.
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NewsBoohoo drafts in beauty retail specialist to join Revolution Beauty coup
Boohoo has this morning proposed a third new member for Revolution’s board, despite the beauty retailer slamming its attempted boardroom coup yesterday and labelling the fashion pureplay’s approach as “value-destructive, opportunistic and self-serving”.
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NewsBoohoo seeks greater control of Revolution Beauty in boardroom coup
Boohoo, which owns a 26.6% stake in Revolution Beauty, announced its intentions to vote against the reappointment of the beauty brand’s senior executives as it moves to take control of the struggling business.