All Mergers & acquisitions articles – Page 34
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NewsCMA holds firm on JD Sports-Footasylum acquisition despite coronavirus crisis
The Competition and Markets Authority (CMA) is set to maintain its stance on JD Sports’ acquisition of Footasylum despite the damaging impact coronavirus has had on the latter’s finances.
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NewsLaura Ashley brand rescued by Gordon Brothers
Restructuring and investment firm Gordon Brothers has bought the Laura Ashley brand and its intellectual property from administrators PwC.
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NewsMoss Bros buyer attempts to retract offer amid coronavirus disruption
Crew Clothing owner Brigadier Acquisition Company is aiming to have its offer the acquire Moss Bros in a £22.6m deal lapse.
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OpinionOpinion: Amazon-Deliveroo CMA verdict must spark more collaboration
It was a judgement that should have been reached a long time ago, but one that, given its timing, could carry far greater significance for retail.
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NewsIkea acquires AR start-up to supercharge lockdown shopping experience
Ikea has acquired augmented reality (AR) start-up Geomagical Labs in a bid to drive shoppers to purchase more big-ticket items without needing to visit a store.
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NewsCath Kidston to shut UK stores in pre-pack deal
Fashion retailer Cath Kidston’s 60 UK stores are likely to be closed and the business will focus on trading online and wholesale.
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NewsHalfords transfers 11 Cycle Republic stores to Pure Electric
Halfords has agreed to transfer the ownership of half of Cycle Republic stores to specialist retailer Pure Electric, saving 85 jobs.
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NewsTM Lewin owner seeks buyers amid coronavirus store closures
The private equity owner of men’s shirt specialist TM Lewin has put the retailer up for sale despite its store estate being closed due to the coronavirus pandemic.
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NewsWalmart pauses Asda sale during coronavirus crisis
Walmart has shelved efforts to sell a majority stake in Asda so it can focus on running the business during the coronavirus pandemic.
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NewsCoronavirus: Travis Perkins pauses Wickes demerger due to ‘extreme volatility’
Travis Perkins has put its planned demerger of home and DIY business Wickes on hold in light of “extreme stock market volatility”.
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NewsPrivate equity firms circle Asda for potential £7bn takeover
Asda has attracted several interested private equity firms for a potential takeover which, according to reports, could value the business at over £7bn.
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NewsPoundland parent delays flotation amid coronavirus volatility
Stock market volatility triggered by coronavirus fears and the unrelated illness of boss Andy Bond has prompted Poundland owner Steinhoff to hold off on floating the value retailer.
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NewsMoss Bros to be bought by Crew Clothing owner Michael Shina
Moss Bros is set for a return to private ownership after agreeing terms on a cash bid from the owners of Crew Clothing.
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OpinionOpinion: The CMA is on a power trip – and retail should be worried
Lord Andrew Tyrie hasn’t written his memoirs yet. If and when he does, he might want to consider borrowing the title: How to Lose Friends and Alienate People.
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NewsWalmart ‘in discussions’ to sell Asda stake
Asda’s parent company Walmart has said it may sell a stake in the business and has opened discussions with a “small number of interested parties”.
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NewsMcColl’s to close more than 300 stores over next four years
The chief executive of McColl’s has said the convenience store group will look to shut as many as 330 stores over the next three or four years as it seeks to rationalise its store estate as part of its strategic shift.
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NewsForever 21 names former H&M US boss as new chief executive
The new owners of fast-fashion retailer Forever 21 have named former H&M US president Daniel Kulle as chief executive to steer the business out of bankruptcy.
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NewsVictoria’s Secret to go private in $525m deal as CEO exits
Victoria’s Secret is set to be taken private as a controlling stake in the business is acquired by investment firm Sycamore Partners.
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NewsForever 21 bought out of bankruptcy
US-based fast-fashion retailer Forever 21 has been bought out of bankruptcy by three buyers with international ambitions for the brand.
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AnalysisValentine’s Day: The retail marriages made in heaven
This Valentine’s Day, Retail Week looks at the retailers that have formed long-lasting unions be it through mergers, acquisitions or partnerships.