All Mergers & acquisitions articles – Page 54
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NewsWiggleCRC boosts European presence with Bike24 deal
WiggleCRC has snapped up German cycling etailer Bike24 to ramp up its European reach in a reported £100m acquisition.
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NewsTesco target Booker’s profits surge as sales rise
Tesco’s intended acquisition Booker has reported a jump in profits in its first half, although its sales rise was dampened by plummeting demand for tobacco.
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NewsToday in retail: Co-op closes in on Nisa deal
The Co-op’s swoop for Nisa took a giant step forward today when the symbol group and wholesaler’s board recommended the £137.5m offer to shareholders.
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NewsNisa board recommends Co-op’s £137.5m offer
Nisa’s board has “unanimously” recommended the Co-op’s offer worth up to £137.5m to its shareholders.
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NewsBrightHouse circled by consortium of US hedge funds
BrightHouse is being circled by a consortium of bondholders as pressure mounts on the rent-to-own retailer to strike a refinancing deal.
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NewsOasis, Coast, Warehouse sale abandoned by Kaupthing
Icelandic bank Kaupthing has abandoned plans to sell Oasis, Coast and Warehouse after insisting the market “does not currently recognise the value” of the businesses.
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NewsWholesalers call on CMA to block Tesco-Booker merger
The bosses of the UK’s seven biggest wholesale businesses have called on the Competition and Markets Authority (CMA) to block the deal.
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NewsToday in retail: DFS profits dive as big ticket divides
DFS unveiled an understuffed set of results today, demonstrating growing disparity in the big ticket market.
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NewsThe Hut grows beauty empire with Illamasqua acquisition
The acquisitive Hut Group has added cult cosmetics brand Illamasqua to its fast-growing beauty empire.
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NewsAngling Direct reels in rival fishing retailer Fosters
Angling Direct has snapped up rival Fosters Fishing as it presses ahead with its ambitious expansion plans.
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NewsBody Shop poaches Charles Tyrwhitt boss for CEO role
The Body Shop has snapped up Charles Tyrwhitt’s chief executive David Boynton to take the helm of its global business.
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NewsIkea enters gig economy as it acquires TaskRabbit
Ikea has bought odd-jobs firm TaskRabbit, which sends workers to people’s homes to carry out chores such as assembling flat-pack furniture.
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NewsBrightHouse up for sale as it races to refinance bonds
Rent-to-own retailer BrightHouse is up for sale as the business races to refinance £220m of bonds that are due next year.
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NewsWiggle losses widen despite climbing sales
Sports etailer Wiggle has posted widening losses in its full-year results despite a sales increase as its Chain Reaction Cycles acquisition punctured its bottom line.
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Tesco Opticians-Vision Express deal held up by CMA
Vision Express’ acquisition of Tesco’s opticians business has been flagged by competition watchdogs as one that could “lead to a worse deal for some customers.”
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NewsMySale targets health and beauty acquisitions
Flash sales site MySale has ambitions to acquire health and beauty retailers, its boss has said.
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NewsThe Co-op vows to hold back inflation
Co-op boss Steve Murrells vowed to pursue new opportunities to build its scale in order to minimise price inflation for hard-pressed consumers.
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NewsToday in retail: French Connection flies in fresh faces
French Connection has parachuted in two new non-execs including Shop Direct alumna Sarah Curran as it shaved down its interim losses.
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NewsWalgreens Boots Alliance wins Rite Aid deal approval
Walgreens Boots Alliance has won regulatory approval to take over a clutch of Rite Aid’s stores and warehouses after scaling back its planned acquisition.
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AnalysisWhy JD Sports has laced up for South Korean expansion
JD Sports has quickly made good on its promise to expand into new territories and has snapped up a stake in South Korean footwear retailer Hot-T.