Articles about Deals & Rumours

Chinese e-commerce giants team up to take on Alibaba

Some of the largest Chinese e-commerce companies are joining forces to take on the country’s top internet retailer: Alibaba.

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Gap to enter India in partnership with Arvind Ltd.

Arvind Ltd. has announced plans to open retail outlets in India with US fashion label Gap Inc.

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Alliance Boots enters Latin America

Alliance Boots has entered Latin America for the first time after the company completed the acquisition of pharmacy chain Farmacias Ahumada.

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Lillywhites debuts in the Middle East with Kuwait stores

Elite Brands for General Trading - one of Kuwait’s foremost retailers - has signed a franchise agreement which will herald the expansion of Lillywhites into the Middle East.

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Lululemon founder sells half his stake back to the business

Chip Wilson, founder of Lululemon, has lured several old colleagues back to the company’s board and, as an incentive, he plans to sell them half of his 27.7 per cent stake in the sportswear retailer.

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Walgreens eyes takeover of Alliance Boots

Walgreens is continuing with its takeover of the group behind Boots in spite of plans to reverse its controversial plan to move its headquarters to Europe in an effort to reduce its tax bill.

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KKR to buy major stake in The Hut Group

KKR, the private equity owners of Boots, is preparing to buy a major stake in The Hut Group as part of its first steps into the online fashion market.

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Australian court approves takeover of David Jones by Woolworths Holdings

An Australian court has approved the takeover of David Jones Ltd by South Africa’s Woolworths Holdings Ltd - a move which clears the way for the USD 2 billion deal.

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Morrisons offloads Kiddicare for £2m

Morrisons has confirmed it has sold Kiddicare business to Endless Capital - a private equity firm - for £2 million.

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Alliance Boots moves HQ to Britain to swerve hefty tax payments

The majority owner of Boots is on the cusp of announcing a comprehensive restructuring plan that could see its global headquarters moved to the UK for tax purposes.

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