All Mergers & acquisitions articles – Page 59
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NewsTesco shareholder revolt over pay fails to materialise
Tesco’s board suffered a grilling over executive pay at its AGM, but a shareholder revolt over the issue failed to materialise.
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OpinionWhat Amazon’s Whole Foods deal means for grocers
The retail sector is used to change, but every so often an event occurs that shakes the industry to its core.
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NewsAmazon to acquire Whole Foods Market for $13.7bn
Amazon is to buy grocery specialist Whole Foods Market in an audacious push into bricks-and-mortar retail.
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NewsMajestic swings to pre-tax loss despite sales rise
Majestic Wine reported a full-year pre-tax loss, which boss Rowan Gormley attributed to the “most risky and cost intensive” phase of the retailer’s transformation plan.
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NewsPhilip Day eyes Coast, Oasis and Warehouse
Retail tycoon Philip Day is reportedly looking at acquiring Coast, Oasis and Warehouse from the administrators of current owner Kaupthing.
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NewsNisa drafts in bankers to explore possible sale
Nisa Retail has drafted in bankers to advise over a potential sale of the business, according to reports.
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News
Dixons Carphone sells Sprint stake to focus on Honeybee
Dixons Carphone has sold its stake in the joint venture with US firm Sprint to focus on the roll out of its Honeybee digital software.
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AnalysisProfile: Go Outdoors’ new boss Claire Webb
Just a month after JD Sports formerly took over Go Outdoors, a new chief executive has been appointed.
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NewsSteinhoff profits jump as Poundland sales climb
Steinhoff delivered a leap in profits and sales at the half-year mark, although its recent clutch of acquisitions dented margins.
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NewsBody Shop price tag hurt by 'poor profit expectations'
Body Shop’s parent company L’Oreal hopes to sell it for €800m but is reportedly forecasting a slump in the ethical retailer’s upcoming profits.
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NewsSports Direct ups stakes in US sportswear businesses
Sports Direct has increased its investments in Umbro-owned Iconix Brand Group and doubled its stake in retailer Finish Line.
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NewsGo Outdoors chief executive Chris Matthews steps down
Go Outdoors boss Chris Matthews has resigned after four years at the helm, just weeks after its acquisition by JD Sports was approved.
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NewsNew Look's former owner Apax tables bid for Shop Direct
The previous joint owner of New Look, Apax Partners, and former custodian of Phones 4U, BC Partners, have both lodged bids for Shop Direct.
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NewsTesco investor warns grocer over Booker deal
The boss of Tesco investor Artisan Partners has claimed he has not spoken to a single investor who backs the grocer’s proposed tie-up with wholesaler Booker.
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NewsJacques Vert owner sold to Tillman-backed consortium
Jacques Vert-owner Style Group Brands, has been rescued by a new owner – a subsidiary of Calvetron Style Holdings Limited.
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NewsBreakfast briefing: Tesco, Sainsbury’s and more
Retail news round-up: Tesco investors against the Booker merger; Fairtrade boss accuses Sainsbury’s of replacing it; and Leesa to launch new model in the UK.
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NewsShop Direct private equity interest stalls
Some leading private-equity houses have decided against bidding for home shopping giant Shop Direct.
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NewsBreakfast briefing: Nisa retail, French Connection and more
Retail news round-up: Nisa retail in £120m refinancing deal; French Connection's boss in trouble; and Koovs appoints new design head.
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AnalysisWill Tesco spark with new partner Dixons Carphone?
Today two retail powerhouses, Tesco and Dixons Carphone, struck up a new deal that looks set to be mutually beneficial.
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NewsToday in retail: Tesco and Booker begin watchdog slog
If the competition watchdog’s recent record is anything to go by, Tesco and Booker should brace themselves for a long slog.