All Mergers & acquisitions articles – Page 7
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NewsSecret Sales acquires H&M brand Afound to ‘expand its footprint’ in the Nordics
Discount premium marketplace Secret Sales has acquired H&M’s digital fashion outlet Afound, as it continues its European expansion into the Nordics.
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NewsFrasers acquires South African sportswear retailer as it snaps up stake in Marks Electricals
Frasers Group has snapped up South African sportswear retailer Holdsport Group for an undisclosed sum on the same day it took a £3m stake in British brand Marks Electricals.
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NewsAnn Summers owners are exploring potential sale options
The Gold family, which owns Ann Summers, is exploring options for the business that could include a partial or majority sale.
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NewsFrasers demands that Boohoo chair Kamani is replaced by Mike Ashley
In the latest escalation of the public war of words between the two retailers, Frasers has this morning publicly called for Boohoo founder and chair Mahmud Kamani to step down.
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NewsDunelm has acquired an Irish soft furnishings retailer to enter new market
Homewares retailer Dunelm has entered the Irish market by acquiring a soft furnishings retailer trading in the Republic of Ireland.
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NewsBoohoo calls on shareholders to reject Frasers’ proposals as losses deepen
Boohoo has this evening called on its shareholders to vote against all the proposals set out by Frasers, insisting its existing board can turn the ship around even as its losses deepened in the first half.
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NewsThe Range owner completes acquisition of Homebase
CDS Superstores, the owner of The Range and Wilko, has completed its acquisition of Homebase’s brand name, intellectual property, and up to 70 of its UK stores.
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NewsFrasers insists on shareholder approval before any Boohoo asset disposals
Frasers has written a new letter to Boohoo demanding the retailer allows shareholders to vote on key decisions including any disposals of Boohoo’s assets.
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NewsBurberry share price rises amid Moncler takeover rumours
Burberry saw an increase in its share price after reports emerged that its Italian rival Moncler may be considering a takeover bid for the British luxury brand.
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NewsMike Ashley lashes out at ‘desperate’ Boohoo over CEO snub
Frasers owner Mike Ashley has hit out at fashion retailer Boohoo, calling its decision to snub his demand to be made CEO in favour of promoting from within “desperate”.
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NewsSainsbury’s sells Argos credit card business as it focuses on core grocery offering
Sainsbury’s has sold its Argos credit card arm for £720m, as part of its continued strategy of focusing on its core retail offering.
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NewsWhite Stuff has been bought by The Foschini Group
Fashion retailer White Stuff has been acquired by The Foschini Group, which owns retailers such as Whistles, Phase Eight and Hobbs.
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Opinion‘As Mike Ashley steps back into the ring, why is he set on Boohoo for his comeback fight?’
The sector held its breath this morning as one of retail’s last great heavyweights stepped back into the ring. But why now, for Mike Ashley? And, more importantly, why Boohoo? Asks news editor Hugh Radojev
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NewsWhistles owner is planning a deal to acquire White Stuff
The owner of Whistles and Phase Eight is in advanced talks to buy high street fashion retailer White Stuff.
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NewsFrasers pulls plug on Mulberry takeover bid over governance concerns
Frasers has announced that it does not intend to make a revised offer for taking over Mulberry, citing increasing governance issues and the “apparent lack of a commercial plan against a backdrop of increasing market headwinds”.
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NewsFrasers Group has backed a takeover of N Brown as it continues chasing Mulberry
Mike Ashley’s Frasers Group has backed the £191m takeover proposal for fashion giant N Brown and told shareholders it is continuing its bid to acquire luxury brand Mulberry.
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NewsTesco boss hails 'significant step' as supermarket giant strikes clean energy deal
Tesco has struck a deal to buy enough solar power to run 144 of its large supermarkets, after buying up nearly two-thirds of the output of a Kentish solar park.
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NewsFrasers has acquired a stake in a Malta-based sports retailer
Frasers has acquired a stake in Hudson Malta, a premier retail and distribution business based in Malta, as the retail group looks to spread its international footprint.
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NewsFrasers has acquired three new shopping centres as it looks to ‘reinvent’ UK retail
Frasers has acquired over 1 million sq ft of retail assets including Princesshay Shopping Centre in Exeter, Fremlin Walk Shopping Centre in Maidstone and The Olympus Centre in Quedgeley.
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NewsThe Very Group is set to appoint bankers as it eyes £2.5bn sale
The Very Group is lining up banks to handle a strategic review of the business that could potentially lead to a sale in the range of £2.5bn.