All Mergers & acquisitions articles – Page 5
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NewsHobbycraft announces it will shut more stores
Hobbycraft has announced that it will be closing more stores this month and in September.
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NewsPoundland confirms number of store closures exceeds 50
Poundland has confirmed the location of a further 12 stores set to close in the coming weeks, bringing the total of guaranteed store closures to 52.
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NewsBarclay family expected to lose ownership of Very Group
The Barclay family, which currently own The Very Group, is expected to lose ownership as US private equity firm steps in.
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NewsRevolution Beauty rejects bid from private equity firm
Revolution Beauty has reportedly rejected a takeover offer from a specialist private equity firm following the retailer’s launch of a formal sales process in May.
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AnalysisIs JD.com eyeing up European electricals dominance after its latest acquisition?
Chinese ecommerce giant JD.com has submitted a voluntary takeover offer for German electronics retailer Ceconomy in a deal valued at €2.2bn (£1.92bn)
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NewsZalando raises guidance following About You acquisition
German ecommerce fashion retailer Zalando has raised its full-year profit guidance after a strong second quarter that included the completion of its acquisition of About You.
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NewsAdanola sells minority stake to American-based private equity firm
Adanola has sold a minority stake to a Los Angeles-based private equity firm which focuses on “growth and long-term value creation”.
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NewsTHG issues profit warning as it sells nutrition product supplier
THG has warned on profits for the first half of the year, at the same time as announcing it has divested one of its nutrition suppliers after receiving a “highly competitive offer”.
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InterviewTheo Paphitis: I’ve owned Ryman for 30 years, and this is what I’ve learned
Three decades ago, entrepreneur Theo Paphitis bought stationer Ryman out of administration. He built the business up and became one of the UK’s most recognisable businesspeople, but Covid almost killed Ryman.
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Opinion‘Now’s the right time to assess the potential for retail M&A’
The current environment presents a unique opportunity for astute buyers of businesses, maintains PwC’s Lisa Hooker
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NewsNext buys maternity brand Seraphine and benefits from “trading disruption” at M&S
Next has aquired the maternity brand Seraphine and its IP from its administration as it posts strong second quarter sales growth.
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NewsDebenhams “close” to refinancing deal with past department store funder
Debenhams Group is in advanced talks about securing a £175m refinancing package with one of the companies behind the 2003 delisting of the former department store potentially involved, according to a Sky News report.
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NewsHilco ponders pounce on troubled Claire’s
Hilco, the investment business which recently bought Lakeland, is considering an offer for the UK arm of embattled Claire’s.
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NewsSpace NK close to being acquired by US beauty chain
UK high street retailer Space NK is close to being sold to a US-listed beauty chain, more than a year after bankers were first hired to auction the chain.
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NewsSecret Sales acquires new brands to accelerate European growth
Off-price fashion and beauty marketplace Secret Sales has acquired two Dutch brands as it aims to expand its presence across Europe, Retail Week can reveal.
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NewsWHSmith revises sale of UK high street arm
WHSmith has announced the completion of the sale of its UK high street arm to new owner Modella Capital under amended sale terms.
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NewsBoots sales rise as online performance continues to strengthen
High street health and beauty retailer Boots has recorded a rise in sales as its online performance continues to grow.
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NewsHomebase to launch its website in Ireland
Home and garden retailer Homebase is set to launch its website in Ireland, allowing Irish customers to shop and browse products online.
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NewsFrasers pulls out of deal for Revolution Beauty
Frasers has pulled out of the deal for struggling cosmetics brand Revolution Beauty.
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NewsPoundland outlines restructuring plan to kick-start turnaround
Value specialist Poundland intends to make sweeping changes to its business as it seeks to recover following poor trading.