All Mergers & acquisitions articles – Page 48
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NewsUpdate: Conviviality sells wholesaler to Magners owner
Magners cider owner C&C, backed by brewing giant AB InBev, has snapped up the Matthew Clark and Bibendum distribution businesses from embattled Conviviality.
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NewsSpar supplier AF Blakemore to sell wholesale division
Spar’s biggest supplier AF Blakemore is selling its wholesale division following a strategic review of the business.
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OpinionConviviality – the dangers of glass-half-full attitudes
Success in retail often turns on a sixpence and, in attempting to pull off that difficult manoeuvre, drinks specialist Conviviality careered spectacularly off course.
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NewsJigsaw deal sealed as Ross and Robinson partner up
Jigsaw has a new majority shareholder. Carphone Warehouse co-founder David Ross has teamed with founder John Robinson, to secure the retailer’s future.
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OpinionOpinion: JD’s race for growth yet to reach Finish Line
In among the tales of doom and gloom on Britain’s high streets, JD has given retail watchers plenty to cheer in recent years.
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NewsJD Sports to snap up US chain Finish Line in £396m deal
JD Sports has struck a deal to buy US clothing, footwear and accessories business The Finish Line as it ramps up its international expansion.
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NewsMaplin fails to secure buyer, axes head office roles
Maplin has made a further 66 redundancies at its head office as administrators confirmed that a buyer for the business has not been found.
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NewsHouse of Fraser suitor issues profit warning
A Chinese investor behind a bid for House of Fraser has issued a profit warning, just weeks before a deal is expected to be finalised.
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NewsHammerson rejects £5bn takeover approach from Klépierre
Shopping centre landlord Hammerson has rejected a £5bn approach from one of Europe’s largest mall owners, Klépierre.
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NewsL'Oréal snaps up AR-tech beauty firm ModiFace
L’Oréal has acquired Canadian augmented reality and artificial intelligence focused beauty company ModiFace to bolster its digital capabilities.
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NewsBest bet for Bunnings is to exit UK, said JP Morgan
Analysts at JP Morgan calculated that the “least bad outcome” for Bunnings-owner Wesfarmers would be to pull out of its fledgling UK operations.
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NewsMaplin sale hopes fade as retail rivals circle stores
A clutch of retailers are circling Maplin’s store estate as its hopes of securing a rescue deal rapidly evaporate.
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NewsHouse of Fraser’s owner to sell off stake
House of Fraser’s owner is planning to dispose of its majority stake in the troubled chain, selling it to a Chinese tourism development company.
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OpinionDon’t underestimate Morrisons in fight with Tesco-Booker
The sheer scale of the challenge facing Tesco’s grocery rivals was hammered home this morning following its acquisition of retail and wholesale titan Booker.
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NewsTesco officially completes £3.7bn capture of Booker
Tesco has sealed its £3.7bn takeover of retailer and wholesaler Booker this morning, just over a year after it was first revealed.
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NewsSports Direct increases stake in Debenhams
Sports Direct has increased its stake in Debenhams to just below the threshold that would trigger a formal takeover bid.
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NewsAmazon snaps up smart doorbell firm Ring in $1bn deal
Amazon has purchased smart doorbell company Ring for more than $1bn (£720m), in one of the etailer’s largest acquisitions to date.
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Analysis
Analysis: How Tesco-Booker can hit the ground running
Tesco’s £3.7bn swoop for wholesale titan Booker overcame its final hurdle today when shareholders of both businesses approved the deal.
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NewsTesco-Booker deal given green light by shareholders
Tesco’s £3.7bn takeover of wholesale titan Booker is all but complete after shareholders in both businesses voted in favour of the deal.
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NewsMaplin and EWM race to secure rescue deal
Maplin’s negotations with potential buyer Edinburgh Woollen Mill have reached a standstill despite the imminent prospect of administration.