All Mergers & acquisitions articles – Page 45
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NewsSainsbury’s posts flat first quarter like-for-likes
Sainsbury’s like-for-like growth edged up 0.2% in the first quarter as the grocer ploughed £150m into lowering prices.
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NewsTesco and Carrefour set to enter strategic alliance
Tesco and Carrefour are preparing to create a global strategic alliance in a bid to offer “even lower prices” to customers.
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NewsAmazon to shake up health sector with PillPack acquisition
Amazon is to acquire US online pharmacy PillPack in a deal likely to rock the healthcare sector.
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OpinionOpinion: Sainsbury's Coupe has cracks to paper over
Sainsbury’s boss Mike Coupe displayed his trademark sangfroid and politician-style equanimity when he was grilled by MPs over the Asda merger last week.
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NewsSir Philip Green came close to buying Marks & Spencer
Sir Philip Green came much closer than originally thought to acquiring Marks & Spencer in 2004, a new book has claimed.
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DataData: Sainsbury's-Asda merger – the consumer verdict
Asda and Sainsbury’s management received a grilling from MPs during a parliamentary committee, but consumers are unfazed by the mega-merger, new research suggests.
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VideoWas MPs' Sainsbury's-Asda grilling style over substance?
Asda chief Roger Burnley and Sainsbury’s boss Mike Coupe have been grilled by MPs on their proposed merger. This week, we discuss whether the inquisition was all theatre or will actually make an impact.
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OpinionOpinion: Expect UK retail to mirror Carrefour-Google deal
In the old days, a landmark retail deal would typically mean an audacious M&A. Walmart’s acquisition of Asda or Kingfisher’s pounce on Castorama set the tone.
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NewsPoundworld founder hopes to pull off rescue deal
Poundworld entrepreneur Chris Edwards is considering buying back part of the value retailer’s business following its collapse into administration yesterday.
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NewsPoundworld to file intention to appoint administrators
Poundworld will file its intention to appoint administrators today after a rescue bid from Alteri collapsed, putting 5,500 jobs at risk.
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NewsPoundworld future in doubt as Alteri ditches rescue bid
Poundworld’s talks with Alteri Investors have ended at the eleventh hour, casting fresh doubt over the survival of the beleaguered value chain.
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NewsJohn Lewis buys Opun to boost service credentials
The John Lewis Partnership has snapped up home improvement business Opun as it ramps up efforts to strengthen its services proposition.
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NewsPoundworld closing in on rescue deal with Alteri
Former Austin Reed owner Alteri Investors is closing in on a deal to rescue embattled Poundworld.
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OpinionOpinion: Asda needs Sainsbury’s shoulder to lean on
The old analogy of two drunk men propping each other up at a bar has been used in the past to describe retail mergers.
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NewsHut Group acquisitions boost profits and sales
The Hut Group’s profits and sales have rocketed following its acquisitions of new brands over the year.
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AnalysisAnalysis: Can Hilco rebuild stricken Homebase?
News that Wesfarmers has disposed of Homebase to Hilco for a nominal £1, just two years after it bounded into the UK market, came as no surprise.
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NewsHomebase sold to Hilco as Wesfarmers culls Bunnings UK
Wesfarmers, which bought Homebase two years ago, has disposed of the ailing DIY firm for just £1 following its disastrous attempt to launch Bunnings in the UK.
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InterviewInterview: Why the king of the mall is betting on Westfield
Westfield’s shareholders voted in favour of Unibail-Rodamco’s acquisition of the shopping centre owner this morning. The latter’s boss Christophe Cuvillier reveals why he is making an £18.4bn bet on physical retail.
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NewsHomebase on brink of sale to Hilco or Alteri
Homebase, owned by Australian giant Wesfarmers, is believed to be on the brink of a sale as restructuring firms Hilco, Alteri and Endless table final bids.
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OpinionOpinion: Could M&S be on Amazon's wish list?
Amazon has been linked with a raft of UK grocers since its acquisition of Whole Foods last year – talk that has increased in fervency following the shock Sainsbury’s-Asda merger.