All Mergers & acquisitions articles – Page 32
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Opinion‘Walmart’s TikTok interest is $30bn worth of evidence that retail has changed forever’
If ever something deserved an exclamation mark, it was the news that retail powerhouse Walmart hopes to snap up video-sharing social media network TikTok in a deal worth as much as $30bn.
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NewsWalmart and Microsoft join forces on TikTok bid
Walmart has joined forces with Microsoft to launch a multibillion-dollar bid for TikTok’s US business.
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NewsFrasers Group rescues DW Sports from administration in £37m deal
Frasers Group has rescued Dave Whelan’s DW Sports from administration in a £37m deal.
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NewsMike Ashley’s Frasers Group bids for DW Sports
Mike Ashley has reportedly launched a bid for former rival Dave Whelan’s collapsed sports chain DW Sports.
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Opinion‘JD-Footasylum case shows how retail mergers have just got tougher’
The Competition and Markets Authority (CMA) last week slapped JD Sports and its largest shareholder with a £300,000 fine for allegedly breaking an order from the watchdog over its acquisition of Footasylum.
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NewsCMA finally approves Amazon’s Deliveroo investment after 15-month investigation
The Competition and Markets Authority (CMA) has formally approved Amazon’s 16% investment in UK delivery app Deliveroo after a 15-month investigation.
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AnalysisBorrowed time: Is retail hurtling towards a credit crunch?
When the government shut all non-essential retail stores in March many businesses were forced to increase borrowing to simply stay afloat. But are these levels of debt unsustainable? Retail Week looks at whether retail is facing a ticking liquidity time bomb.
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NewsEbay sells Gumtree to Norwegian rival Adevinta in $9bn deal
Ebay has sold its online classifieds business, which includes its Gumtree platform in the UK, in a $9bn (£7.1bn) deal as it ramps up focus on its core marketplace proposition.
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Opinion‘Walmart’s Asda Price must be right to secure private equity backing’
On, then off. On, then off. And now back on again. Walmart has resumed efforts to sell off a majority stake in Asda – and hopes it will prove to be third time lucky.
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NewsRivals lambast CMA’s provisional findings on Deliveroo–Amazon tie-up
A number of food retailers and other rivals have criticised the Competition and Markets Authority’s provisional clearance of Amazon’s proposed investment in Deliveroo.
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OpinionOpinion: Lululemon’s Mirror deal should usher in new type of retail acquisition
Sports apparel and leisurewear specialist Lululemon’s $500m purchase of interactive home gym start-up Mirror may turn out to be one of retail’s most inspired deals this year.
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NewsKim Kardashian sells $200m stake in cosmetics brand
French beauty titan Coty has snapped up a 20% stake in Kim Kardashian West’s KKW cosmetics range, less than a year after acquiring a majority stake in her sister Kylie Jenner’s beauty brand.
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NewsCMA chair forced out following row with directors
The chair of the UK’s competition watchdog was forced to step down three years before his term after a row with its chief executive.
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NewsM&S and Next eye Victoria’s Secret UK arm
High street stalwarts Marks & Spencer and Next are understood to be mulling bids for beleaguered lingerie brand Victoria’s Secret’s UK division.
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NewsCMA clears Amazon-Deliveroo tie-up despite financial turnaround
The competitions watchdog has once again provisionally cleared ecommerce giant Amazon’s investment in food delivery app Deliveroo, despite the latter’s financial turnaround.
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AnalysisAnalysis: Is UK retail turning its back on internationalism?
With both Tesco and Superdry pulling out of international ventures on the same day, Retail Week asks whether UK retail is scaling back its global ambitions.
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NewsThe Hut Group signs £100m worth of new beauty partnerships
The Hut Group’s technology arm has confirmed the signing of new partnerships with a number of beauty brands worth more than £100m.
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NewsSuperdry ends Chinese joint venture following strategic review
Fashion brand Superdry has confirmed it has ended its Chinese joint venture with Trendy, following a review of its long-term business strategy in the region.
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NewsTesco continues international retreat with sale of Polish business
Supermarket giant Tesco has agreed in principle the sale of its 300-plus strong Polish business and associated distribution centres and head office.
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AnalysisAnalysis: What’s next for Boohoo, fashion’s new conglomerate?
Boohoo has wasted no time making good on its plan to snap up distressed fashion brands for a song in the post-pandemic retail landscape.