Articles tagged Deals & Rumours

Retail News - DFS names share price for London listing

DFS has announced it will price its shares at between 245p and 310p at its initial public offering (IPO) which could value to homewares retailer at up to £585 million.

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Retail News - Poundland share price plummets after its largest investor cuts its share

Shares in Poundland declined by 5.5 per cent to 393.9p in early morning trading today after Warburg Pincus - the discounter’s largest shareholder - offloaded ten million more shares than it had originally planned to sell.

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Retail News - Alibaba buys $590m stake in Meizu

Alibaba Group Holding Ltd is to take a USD 590 million stake in a small smartphone manufacturer as the company experiments with ways to expand its mobile operating system.

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Retail News - Vodafone CEO warns that BT should "behave very well" when EE deal is finalised

Vodafone's chief executive has warned that BT's £12.5 billion takeover of EE would have to be closely monitored by regulators to ensure a fair playing field for rival telecoms businesses.

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Retail News - Poundland to bag 99p Stores for £55m

Discount retailer Poundland wants to buy the 99p Stores chain for £55 million, it has emerged.

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Amid uncertainty in the mobile phone and telecoms sector, Carphone Warehouse chief executive Graham Stapleton remains positive about the chain’s future.

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Mike Ashley has refuted suggestions that he is about to make a bid for Debenhams, despite increasing his interest in the retail chain.

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Retail News - Galeries Lafayette owners increase Carrefour stake to 9.5%

The owners of French department store chain Galeries Lafayette has increased its stake in Carrefour to 9.5 per cent, according to Les Echos.

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German sportswear giant Adidas announced the sale of Rockport on Friday, in an unscheduled announcement ahead of its full-year results in March.

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