All Mergers & acquisitions articles – Page 60
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News
Poundland accepts increased takeover offer from Steinhoff
Value retailer Poundland has agreed to a higher takeover offer of £610.4m from South African retail suitor Steinhoff.
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Analysis
Infographic: How Mattress Firm and Poundland fit into Steinhoff's jigsaw
Steinhoff has agreed to buy America’s biggest bedding retailer Mattress Firm and is on the verge of bringing value operator Poundland under its umbrella.
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News
Walmart will acquire Jet.com for $3bn as it targets 'faster' online growth
Walmart has agreed to acquire online retailer Jet.com for around $3bn (£2.25bn) as the US titan seeks to bolster its ecommerce proposition.
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News
Walmart eyes bid for Jet.com as it accelerates online ambitions
Walmart is mulling a move to acquire online retailer Jet.com as the US titan seeks to bolster its ecommerce proposition.
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Analysis
At a glance: The Good Guys hosting Lakeland Down Under
Lakeland has cooked up a deal to open concessions Down Under with The Good Guys. Here’s a closer look at the Australian retailer.
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News
Mike Ashley fails in his bid to become Findel chairman
Home shopping group Findel has decided not to appoint Sports Direct’s Mike Ashley as chairman as it unveiled a 5.3% rise in sales.
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News
LloydsPharmacy gets CMA green light to acquire Sainsbury's unit
LloydsPharmacy’s deal to buy Sainsbury’s pharmacy unit has had the go-ahead from competition authorities, but it must still sell some stores.
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News
Argos owner Home Retail's shareholders vote in favour of Sainsbury's acquisition
Argos owner Home Retail Group’s shareholders have unanimously voted in favour of the proposed £1.4bn acquisition by Sainsbury’s.
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News
Sainsbury's £1.4bn acquisition of Argos approved by competition watchdog
Sainsbury’s £1.4bn acquisition of Argos owner Home Retail Group has moved a step closer after being approved by the competition authorities.
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News
Co-op faces competition probe over My Local stores deal
The Co-op is facing a probe by the competition authorities over its acquisition of eight stores from collapsed convenience chain My Local.
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Opinion
Opinion: Co-op provides McColl's with convenient option to expand
It may have seemed like a big deal, but for many the move by McColl’s to snap up 298 of Co-op Food’s smaller stores did not come as a surprise.
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News
Fnac’s acquisition of Darty cleared by French competition authorities
Fnac’s takeover of electricals retailer Darty has been cleared by the French Competition Authority, subject to a store sell-off of six shops.
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News
Conviviality's sales and profits more than double in 'transformational year'
Bargain Booze owner Conviviality has more than doubled its sales and profits following a year of fruitful acquisitions and appointments.
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Analysis
Analysis: Co-op eyes convenience sweet spot after offloading stores
At first glance, The Co-op’s decision to sell almost 300 of its smaller stores might appear at odds with its commitment to convenience retail.
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News
Steinhoff faces pressure to up offer for Poundland as investor grows stake
Steinhoff could be forced to increase its offer for Poundland after rival shareholder Elliott Advisors upped its stake to 13.2%.
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News
McColl's strikes deal to acquire 298 Co-op convenience stores
McColl’s has agreed a deal to acquire 298 convenience stores from the Co-operative Group for £117m in cash, it revealed today.
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Analysis
Analysis: How will Steinhoff's Poundland swoop play out in the sector?
South African retail giant Steinhoff looks to have finally secured a major European target this year with its swoop for Poundland set to go ahead.
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News
Poundland chairman talks up growth opportunities under new owner Steinhoff
Poundland’s chairman has said he believes its staff should be “pleased” with Steinhoff’s takeover as it offers growth opportunities.
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News
Poundland board recommends Steinhoff offer as £597m takeover nears
Poundland and Steinhoff have agreed terms on a recommended cash offer for the value retailer as a £597m takeover nears completion.
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News
Dobbies’ new owners appoint John Cleland as chief executive
Dobbies has appointed former Somerfield and Maplin boss John Cleland as chief executive with immediate effect following its recent sale.