Articles tagged share

Retail News - US mall owner Simon offers $14.39bn to buy rival Macerich

A deal that could join the first and third-biggest shopping malls in the US together could be on the table after reports emerged that Simon Property Group Inc offered to buy Macerich Co for USD 14.39 billion in cash.

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Retail News - Sports Direct founder Mike Ashley sells £117m stake

Mike Ashley, founder of Sports Direct in 1982, is selling a 2.6 per cent stake in the business, worth £117 million, in a deal with Goldman Sachs.

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Retail News - Twitter experiences a slow of growth

The share price of Twitter.com fell by 10 per cent yesterday in after-hours trading, following a slow of growth at the brand.

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Retail News - Financial woes for McDonalds

Fast food chain McDonald’s is suffering financially, and trying desperately to hold onto customers globally.

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Retail News - Will Asos be bought by Amazon?

Analysts have implied that online fashion retailer Asos could be partly purchased by Amazon, with the e-commerce brand paying as much as £50 per share.

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Retail News - Takeover of David Jones by Woolworth Holdings

The shareholders of Australian department store David Jones have agreed to a $2.2 billion foreign takeover of the company.

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Retail News - Next raises sales guidance after Q1 beats expectations

Next goes from strength to strength as the retailer on Wednesday announces sales in the first thirteen weeks of the year were up 10.8 per cent.

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Retail News - Another surprise move from Mike Ashley as retail tycoon sells off Sports Direct shares worth £200m

Sports Direct founder Mike Ashley surprised the industry once more last night with an unexpected sale of shares worth more than £200 million of his sports business.

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Retail News - Late surge in demand for Poundland shares

Fixed-price retailer Poundland could end up as much as 10 times oversubscribed by the time it closes its books on its forthcoming float tomorrow night.

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Retail News - Pets at Home flotation could bring £200m windfall for KKR

Having revealed on Friday that Pets at Home will be listed with an implied market capitalisation of £1.3 billion, private equity owner KKR could now be in line for a £200 million pay-out, while the retailer’s management could also be up for cash and share payments worth more than £20 million.

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