All Mergers & acquisitions articles – Page 18
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NewsPayPal bid for Pinterest could create new ecommerce powerhouse
PayPal has made a bid for social media giant Pinterest, sparking rumours of a new force in ecommerce.
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NewsMorrisons shareholders rubber-stamp £7bn CD&R takeover
Morrisons shareholders have rubber-stamped the £7bn takeover of the grocer by Clayton, Dubilier & Rice (CD&R) nearly four months after private equity interest in the retailer first emerged.
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NewsAsda’s £750m deal to sell forecourts business to EG Group terminated
The Issa brothers have pulled EG Group’s planned acquisition of Asda’s petrol forecourts business.
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NewsSelfridges’ owners in talks with Qatar about potential £4bn sale
Selfridges’ owners the Weston family are reportedly in talks with Qatar about a potential takeover of the iconic department store chain.
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NewsLeahy returns to grocery as Morrisons board gives green light to CD&R deal
Morrisons’ board has recommended acceptance of private equity group CD&R’s takeover offer, marking a likely return to grocery for former Tesco chief executive Sir Terry Leahy.
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NewsMorrisons bidders to battle for the retailer in auction this Saturday
The ownership of Morrisons will be decided this Saturday when an auction between rival bidders will be held.
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InterviewInterview: How direct to consumer business Paws plans to kick on after Fetch acquisition
New ecommerce business Paws launches this week to cater to the wellbeing needs of dogs and cats. Retail Week meets founder Graham Coxell to find out how the business plans to kick on after purchasing Fetch from Ocado earlier this year
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NewsMorrisons moves into food service for first time with new wholesale partnership
Grocery giant Morrisons is set to sell to pubs, restaurants and hotels as it bids to rapidly ramp up its wholesale business.
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NewsGap joins Next’s Total Platform to reboot UK operations
Next and Gap have announced a joint venture to manage the latter’s UK and Ireland operations.
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NewsCD&R wins backing of Morrisons pension trustees
Clayton, Dubilier & Rice have taken another step towards winning the race for Morrisons by agreeing a “comprehensive package” with the grocer’s pension trustees.
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NewsCouche Tard favourites should Asda owners look to sell EG Group
Canadian convenience store petrol station giant Couche Tard is seen as the favourite should Asda’s new owners look to sell off their forecourt empire.
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AnalysisAnalysis: Why Morrisons’ Potts is feeling Christmas cheer despite profit slump
Despite reporting a slump in profits for the first half of the year, Morrisons was bullish on its full-year profit guidance, saying it would be higher than the £431m it reported in exceptional circumstances last year.
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NewsJD Sports circles Missguided for possible takeover bid
JD Sports is understood to be considering acquiring a controlling stake in fast fashion etailer Missguided.
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NewsMorrisons takeover bidding war set to go to auction
Morrisons’ rival bidders Fortress and CD&R and set to go to auction to secure a final offer for the supermarket ahead of a shareholder vote on a takeover deal in October.
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NewsFortress prepares fresh Morrisons bid as potential auction looms
Fortress is preparing a fresh bid for grocery giant Morrisons as its ongoing takeover tussle with rival Clayton, Dubilier & Rice heads towards an auction.
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NewsJD Sports ‘perplexed’ as Footasylum deal knocked back by CMA
JD Sports faces the prospect of having to sell Footaysylum following renewed concerns about the deal from the Competition and Markets Authority.
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Opinion‘Expect more deals to come in grocery retail’
It is undeniable that the grocery sector is white hot with both opportunity and activity.
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NewsMorrisons pension trustees warn of risks around potential takeover
The takeover offers for Morrisons could “potentially weaken” the security of the supermarket’s pension schemes if no additional protections are offered, according to its trustees.
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NewsSainsbury’s braces for bid as American investors circle
The UK’s second largest grocer Sainsbury’s is reportedly being targeted for a takeover by an American private equity firm, amid mounting mergers & acquisitions in the grocery space.
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AnalysisAnalysis: How do CD&R and Fortress’ rival visions for Morrisons compare?
As Clayton, Dubilier & Rice (CD&R) moves into pole position ahead of Fortress to acquire Morrisons, Retail Week compares the competitors’ strategic plans for the grocer.