All Mergers & acquisitions articles – Page 30
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NewsWalmart sells majority stake in Japanese supermarket chain Seiyu
US retail giant Walmart has sold its majority stake in Japanese grocery chain Seiyu for $1.6bn, continuing its retreat from international markets.
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NewsJD Sports mulls Debenhams rescue bid
JD Sports has emerged as a prospective bidder for the Debenhams and is understood to be running due diligence on the business.
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NewsJD Sports’ Footasylum deal revived as CMA verdict quashed
JD Sports’ acquisition of Footasylum could be back on after the Competition and Markets Authority’s decision to block the deal was sensationally quashed.
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AnalysisAs ‘for sale’ sign is raised over Homebase who might be potential buyers?
Homebase has revealed it is up for sale after returning to profitability. We take a look at who could be in the running to acquire the DIY specialist.
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NewsHomebase seeks new owners to drive next phase of growth
Homebase owner Hilco has hoisted the ‘for sale’ sign as the home and DIY business eyes the next phase of its transformation.
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NewsSupreme acquired by Timberland owner VF in $2.1bn deal
Iconic streetwear brand Supreme has been sold to VF Corporation, which owns brands including Vans and North Face, in a deal valued at $2.1bn (£1.6bn).
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NewsN Brown taps up investors for £100m fundraising as half-year profits fall
N Brown has launched a £100m fundraise to accelerate its strategy alongside reporting a decline in interim profits and sales.
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NewsMike Ashley fails to match Debenhams price tag and retracts offer
Mike Ashley is out of the running to acquire Debenhams after refusing to match the £300m price tag for the beleaguered department store chain.
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NewsClarks puts thousands of roles at risk in store management restructure
Clarks has told almost 4,000 UK store staff that their roles are at risk of redundancy as part of radical plans to revive the struggling business.
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NewsOcado acquires two tech firms as M&S tie up proves fruitful
Ocado has upped its profit guidance for the year for its joint venture with M&S as trade “remained strong” in the fourth quarter.
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NewsAsda buyers hit by credit rating downgrade
Asda’s new owners the Issa brothers have had the credit rating on their petrol station chain EG Group downgraded by Moody’s amid concerns about its financial governance and internal controls.
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NewsNotonthehighstreet eyes £200m sale as revenues surge during pandemic
Notonthehighstreet is exploring a potential £200m sale following revenue growth during the coronavirus pandemic.
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NewsIntu Metrocentre taken over by Sovereign Centros
Shopping centre operator Sovereign Centros has taken ownership of the Metrocentre in Gateshead, as the assets of former institutional landlord Intu continue to be sold off.
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AnalysisFrom AO to The Entertainer and Deliveroo: who have the big four grocers partnered with?
The list of retailers and brands joining forces with the big four supermarkets has only grown in the eight months since the pandemic struck, with the likes of Deliveroo and Uber Eats, in particular, leveraging the growth in online.
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NewsDebenhams suitors given three-day deadline to make a bid
Potential suitors to buy struggling department store chain Debenhams have been given until the middle of this week to make a £300m to rescue the retailer.
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Opinion‘Alibaba’s $3.6bn splurge cements value of stores in retail’s future’
Alibaba, one of the world’s largest ecommerce players, this week splashed $3.6bn on its latest big-money acquisition.
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NewsEdinburgh Woollen Mill tycoon Philip Day plots bid to buy back Peacocks
Edinburgh Woollen Mill tycoon Philip Day is plotting a bid to save budget fashion chain Peacocks and jettison the rest of the group.
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NewsMike Ashley’s Frasers Group makes fresh bid to buy Debenhams
Mike Ashley’s Frasers Group has revived its efforts to buy struggling department store chain Debenhams.
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NewsDeloitte resigns as Asda buyer EG Group’s auditor
EG Group’s auditor Deloitte has resigned just weeks after the petrol station giant’s co-founders sealed a £6.8bn deal to acquire Asda.
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NewsReliance Retail pulls out of race to rescue Debenhams
Reliance Retail has pulled out of the race to buy Debenhams as the embattled department store chain battles to secure its future.