All Mergers & acquisitions articles – Page 52
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NewsToys R Us seeks £120m as payment deadline looms
Toys R Us is urgently pursuing £120m in funding to pay off loans and overhaul its store estate as the retailer fights for survival.
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NewsBooker stakeholder attacks Tesco offer as too cheap
A stakeholder in wholesale and retail giant Booker has labelled Tesco’s £3.7bn offer as “insufficient”.
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NewsToys R Us urgently seeking offers for UK business
Toys R Us is looking to offload its UK and European division, with buyers told to submit their bid interest by the end of this week.
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AnalysisProfile: Tesco's new UK boss Charles Wilson
Tesco revealed this morning that Charles Wilson will succeed Matt Davies as boss of its core UK business following completion of the Booker merger.
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NewsCarphone Warehouse founder in frame for Jigsaw deal
Carphone Warehouse co-founder David Ross is on the verge of investing in fashion retailer Jigsaw.
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NewsSainsbury's buys Nectar loyalty business for £60m
Sainsbury’s has snapped up its longstanding loyalty programme partner Nectar for £60m as it seeks to “know its customers better than anyone else”.
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NewsWaterstones owner in sale talks with Elliott Advisors
Waterstones owner Alexander Mamut is in talks to sell the business to Elliott Advisors, the hedge fund that floated Game Digital four years ago.
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NewsBooker 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.