All Mergers & acquisitions articles – Page 99
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NewsJD Sports to step up overseas expansion with Dutch debut
JD Sports is to step up its international expansion with the opening of 10 stores in the Netherlands over the next five months.
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NewsSports Direct acquires stakes in Austrian and Baltic sports retailers
Sports Direct has acquired majority stakes in two European sporting goods retailers based in Austria and the Baltics.
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NewsHotel Chocolat in talks with private equity firms to sell minority stake
Hotel Chocolat is in talks with private equity groups about a possible stake sale that values the confectioner at more than £100m.
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NewsAnalysis: Home shopping group N Brown gears up for change
Departing chief executive Alan White will hand over a transformed business to his successor.
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AnalysisAnalysis: Ocado deal gives Morrisons online offer a jump-start
Morrisons is finally launching in online grocery in partnership with Ocado. But while it will have a running start, the details of the deal are giving analysts food for thought.
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NewsLuxury giant eyes stake in Joules as private equity players circle
L Capital, the private-equity arm of luxury giant LVMH, is among suitors plotting to make a major investment in fashion retailer Joules.
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Foot Locker to acquire German athletic retailer Runners Point
Foot Locker is to acquire German athletic retailer Runners Point for e72m (£60.8m).Runners Point operates Sidestep and eponymous stores, as well as online subsidiary Tredex.The deal is subject to review by German competition authorities.Its stores are predominantly in Germany, although the retailer also has outlets in the Netherlands, Austria and ...
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Dubai-based Majid Al Futtaim in talks to buy Metro
Dubai-based Majid Al Futtaim (MAF) is in advanced talks to buy Metro, one of Egypt’s largest retailers, from the family owned Mansour Group. A due diligence process for the purchase of the Metro chain and discount grocery banner Kheir Zaman has been concluded.MAF operates five Carrefour hypermarkets and seven Carrefour ...
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OfficeMax comes under fire over merger deal with Office Depot
OfficeMax has come under fire from an investor over its merger deal with Office Depot. Shareholder Eric Hollander has sued the retailer’s directors - including the chief executive and chairman - while seeking to block the deal. He called the proposed $1.2bn (£771.4m) all-stock deal “grossly inadequate”.Under the terms of ...
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NewsPoundland owner Warburg Pincus mulls float or sale
Poundland is being readied for a sale or float by its private equity owner Warburg Pincus, it is understood
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NewsHouse of Fraser eyed by Qataris in deal valuing it at £300m
House of Fraser could be acquired by the Qataris in a £300m deal that would reunite the department store group with Harrods.
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Convenience store group CP to acquire Siam Makro
Convenience store group CP All has signed an agreement to acquire Dutch SHV Makro-owned Siam Makro in Thailand.CP All, controlled by Dhanin’s Charoen Pokphand Group, will pay THB787 (£17.72) a share for 64% of Siam Makro, a total of THB188.88bn (£4.25bn). The acquisition is subject to shareholder approval.CP All is ...
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Delhaize Group's takeover bid of C Market on hold
Belgium-based grocer Delhaize Group’s talks with the Serbian government regarding a takeover of the latter’s stake in C Market stores are on hold.The reason given was that the authorities are investigating C Market’s original flotation on the Belgrade Stock Exchange in 2005 as part of a review of the sale ...
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Discounter Sok to buy Spanish retailer Dia's Turkish business
Discounter Sok has reached an agreement to buy all of Spanish retailer Dia’s business in Turkey for TRY320m (£116.1m).The transaction is subject to the approval of Turkish antitrust authorities.
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OpinionComment: Retailers look for new ways to supplement stagnant growth
So, with Tesco recently gobbling up Giraffe, are we about to see a new era of diversification among the UK’s leading grocers?
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NewsDixons sells Swedish business Webhallen in Pixmania turnaround bid
Electricals specialist Dixons is to sell its Swedish business Webhallen to Norwegian firm Komplett AS as it streamlines its Pixmania operations.
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German wholesale group Conway purchases Grupoil
German wholesale group Lekkerland-owned convenience chain Conway has taken over Spanish wholesaler Grupoil. The acquisition is in line with a strategy of strengthening Lekkerland’s traditional core business.The purchase will enable Lekkerland to further establish itself in the Spanish convenience sector.
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NewsDIY group Kingfisher expands into Romania with 15-store acquisition
B&Q owner Kingfisher is to expand into Romania after acquiring 15 Bricostore shops from French retailer Group Bresson.
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ICI Paris XL acquires Dutch competitor Pour Vous
AS Watson’s Belgian perfumery chain ICI Paris XL has acquired Dutch competitor Pour Vous. ICI Paris XL plans to complete the deal within one month and is taking over the brand as well as the store network.The deal follows ICI Paris XL’s acquisition of LVMH’s Dutch Sephora stores.“We intend to ...
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AnalysisWHSmith’s acquisition of Past Times: What do retailers need to know?
WHSmith’s diversification continues with the acquisition of the Past Times brand. Will it be a good fit and what are the wider plans?