Articles tagged Deals & Rumours

UK activist fund Crystal Amber is in talks with foreign investors over a potential share raid on supermarket giant Sainsbury’s.

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Retail News - Canary Wharf owner rejects takeover bid from Qatari sovereign wealth fund

Songbird Estates – the owner of Canary Wharf – has rejected an increased bid from the Qatari sovereign wealth fund and an American investor that values the business at £2.6 billion.

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Retail News - Luxottica pens deal with Intel for hi-tec glasses range

Luxottica has signed a deal with Intel Corp to develop a range of hi-tec glasses that could allow users to access information about their health, location and more.

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Retail News - UK mergers & acquisitions decline in number, but increase in value

The amount of deals involving UK-based companies declined to 67 in the third quarter of 2014, according to figures released by the Office for National Statistics.

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Retail News - Amazon unveils click-and-collect service deal with Royal Mail

Amazon shoppers will soon be able to pick up products ordered online from their local Post Office branch thanks to a new deal announced on Tuesday morning.

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Retail News - Sports Direct owner eyes football shirt retailer Kitbag

The owner of Sports Direct and Newcastle United Football Club is mulling the takeover of football strip manufacturer Kitbag.

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Retail News - Canary Wharf owners reject bid from Qatar Investment Authority

Songbird estates – the majority owner of Canary Wharf – has turned down a takeover approach from Qatar Investment Authority and Brookfield Property Partners, saying the 295 pence-a-share big “materially undervalued” Songbird.

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Retail News - Mike Ashley sells 4.6% Debenhams stake

Mike Ashley – the founder of Sports Direct – has sold his 4.6 per cent stake in Debenhams and entered into a put option worth 6.1 per cent.

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Retail News - Greene King wins over Spirit Pubs in £773m takeover

Pub retailer and brewery Greene King has reached a conclusion to the takeover bid of compatriot brewer Spirit Pubs.

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French food product giant Danone is lining up a USD 550 million deal for 25 per cent of Chinese milk powder manufacturer Yashili International.

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