All Mergers & acquisitions articles – Page 38
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NewsGame management to sell shares to Ashley
Game’s management has told its shareholders to accept the offer of 30p per share made by Sports Direct mogul Mike Ashley.
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NewsFortress closes in on £100m Majestic Wine deal
US private equity firm Fortress is closing in on a £100m deal to buy Majestic Wine – and has sounded out industry veteran Dan Jago to run the business.
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NewsBonmarché management sell stakes to Day
Bonmarché’s management have sold their shares in the business to Philip Day, just weeks after telling shareholders to ignore the entrepreneur’s offer.
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NewsKaren Millen owner to kick off takeover talks with bidders
Karen Millen’s parent company Kaupthing has launched an auction for the fashion chain, with formal talks with bidders to kick off in the coming days.
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NewsBonmarché shareholder ‘disgusted’ by Day bid U-turn
One of Bonmarché’s largest shareholders has lashed out over the fashion retailer’s U-turn on a £5.7m takeover bid by billionaire Philip Day.
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NewsBonmarché in Day offer U-turn as ‘poor’ trading continues
Bonmarché’s board has said that poor trading during the first quarter means the offer made by Philip Day looks “more attractive”, despite not having been improved.
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AnalysisSuccession or sale: Why has River Island hired Will Kernan?
River Island’s appointment of Will Kernan as chief executive struck an unexpected note last week.
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NewsGame advises investors to accept Sports Direct offer
Directors of computer entertainment retailer Game have advised shareholders to accept a takeover offer from Mike Ashley’s Sports Direct that values the business at £51.9m.
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NewsNext acquires Fabled beauty brand from Ocado
Next has bought Marie Claire Beauty Limited from Ocado in a deal that is guaranteed to net a minimum of £3m for the online grocer and technology company.
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NewsWaterstones owner joins race for Majestic Wine
Elliott Advisors – the investment company that owns Waterstones and most recently acquired Barnes & Noble – has made a bid for Majestic Wine.
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NewsBarnes & Noble snapped up by Waterstones owner
Barnes & Noble has been acquired by Waterstones’ parent company Elliott Advisors in an all-cash deal.
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NewsSports Direct tables £52m bid for Game Digital
Sports Direct has tabled a £51.9m offer for Game Digital – and pledged to launch an immediate review of its operations should the deal go through.
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NewsKaren Millen owner puts chain up for sale
Karen Millen’s Icelandic owner is mulling a sale of the high street fashion chain, after receiving multiple offers for it.
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NewsReiss denies majority stakeholder looking to sell
Reiss has categorically denied recent media speculation that private equity firm and majority stakeholder Warburg Pincus is looking to sell the retailer.
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NewsJD Sports faces CMA probe over Footasylum acquisition
The Competitions and Markets Authority (CMA) has launched an investigation into JD Sports over its £90m acquisition of Footasylum.
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NewsWalmart's Judith McKenna: We're focused on Asda's future
Walmart International boss Judith McKenna has insisted the business is committed to driving Asda’s strategic plan following the collapse of its proposed merger with Sainsbury’s.
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AnalysisAnalysis: Is Westfield delay making Croydon a retail graveyard?
Westfield and Hammerson’s new £1.4bn Croydon mega-mall was heralded as a catalyst for regeneration. However, construction is delayed, the scheme is ‘under review’ and traders are being forced to shut up shop. Hugh Radojev investigates
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NewsAshley to invest millions in upgrading House of Fraser stores
Mike Ashley has pledged to invest hundreds of millions of pounds into House of Fraser in exchange for three-year rent holidays on the redeveloped stores.
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NewsHamleys sold to Indian franchise partner
Hamleys has been snapped up by Indian titan Reliance Industries in a £70m deal.
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NewsBonmarché board unanimously rejects Philip Day offer
Bonmarché has unanimously rejected the offer made by prospective buyer Philip Day, and said the cost-reduction plans of its board will succeed “in the medium term”.