All Mergers & acquisitions articles – Page 50
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News
Booker posts festive sales rise in ‘good’ third quarter
Booker has reported an uplift in its Christmas sales amid Tesco’s takeover bid as flagging demand for tobacco failed to offset growth.
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NewsM&S sells Hong Kong and Macau business to Al-Futtaim
Marks & Spencer has sold its 27-store business in Hong Kong and Macau to franchise partner Al-Futtaim.
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NewsDFS snaps up stores from collapsed rival Multiyork
DFS has swooped on a number of collapsed rival Multiyork’s stores and acquired the rights to its brand name and product designs.
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NewsTesco-Booker given go-ahead after second phase of probe
Following an “in-depth” second phase examination, the Competition and Markets Authority (CMA) has given Tesco the green light to acquire wholesaler Booker.
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NewsSteinhoff-owned Bensons and Harvey's credit insurance cut
Bensons for Beds and Harvey’s credit cover has been cut in the wake of parent company Steinhoff’s accounting scandal, Retail Week can reveal.
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NewsFeather & Black bought out of admin by beds giant
The bulk of furniture retailer Feather & Black has been bought out of administration.
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NewsUpdated: Conviviality snaps up Palmer & Harvey c-stores
Conviviality, the drinks and convenience retail specialist, has bought 109 c-stores out of the ashes of Palmer & Harvey safeguarding 1,312 jobs.
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NewsOcado sales rise driven by upgraded distribution centre
Ocado has delivered a healthy uplift in sales in its fourth quarter bolstered by improved capabilities of its tech-driven Andover fulfilment centre.
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NewsWestfield snapped up by Unibail-Rodamco for $25bn
French giant Unibail-Rodamco has agreed to buy Westfield for $24.7bn, marking the biggest takeover of an Australian company on record.
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AnalysisWhat Steinhoff's troubles mean for its UK businesses
Over the last two days, South African retail giant Steinhoff’s share price has tanked 75% and chief executive Markus Jooste has resigned.
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AnalysisHammerson's Intu deal – pain or gain for retailers?
This year started with one of the biggest corporate surprises in recent memory – Tesco’s £3.7bn acquisition of wholesale giant Booker.
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NewsTheo Paphitis and Peter Jones sell Red Letter Days
Red Letter Days owners and Dragons’ Den alumni Theo Paphitis and Peter Jones have sold the experience business to Smartbox Group.
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NewsSports Direct 'front runner' to buy Brixton markets
Sports Direct has emerged as the front runner to snap up Brixton’s covered markets in a £30m swoop.
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NewsGame offloads Multiplay Digital in £19m deal
Game has sold its Multiplay Digital business to Unity Technologies following a strategic review of its digital activities.
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NewsBooths raises ‘for sale’ sign following tough trading
Booths, the privately owned grocer, has drafted in advisers to organise a sale.
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NewsOasis, Coast, Warehouse sale talks revived by Emerisque
Oasis, Coast and Warehouse owner Kaupthing Bank is back in talks to offload the businesses, Retail Week has learned.
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NewsEx-Asda boss Clarke ‘surprised’ by Tesco-Booker verdict
Former Asda boss Andy Clarke admits he was ‘surprised’ by the competition watchdog’s decision to provisionally approve Tesco’s £3.7bn mega-merger with Booker.
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NewsCrew Clothing on cusp of sale to Exquisite Apparel
Crew Clothing is on the cusp of being sold to US-based clothing manufacturer Exquisite Apparel, Retail Week has learned.
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NewsDFS’ Sofology acquisition given green light by CMA
DFS has been given the go-ahead by the competition watchdog to complete its £25m acquisition of rival retailer Sofology.
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NewsChristmas trading will be 'unforgiving', warns B&M boss
B&M’s chief executive Simon Arora says that the golden quarter would be challenging for retailers that had not nailed their ‘in-store experience, pricing or product.’

















