Another surprise move from Mike Ashley as retail tycoon sells off Sports Direct shares worth £200m Tuesday, 8th April 2014
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.
Pets at Home flotation could bring £200m windfall for KKR Tuesday, 4th March 2014
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.
L’Oreal will buy 8% of its shares from Nestle although “sale is not first step towards exit” Tuesday, 11th February 2014
Cosmetics giant L’Oreal will buy 8 per cent of its capital for EUR 6.5 billion from Nestle, although the consumer goods group is adamant the sale does not signal an exit.
Hugo Boss investor Permira to receive £110m cash back Tuesday, 22nd October 2013
Hugo Boss proved a shrewd investment once again on Monday, as it was revealed the German fashion house will pay majority owner Permira back £110.9 million in cash, the equivalent of 47 per cent of its original investment.
Best Buy founder Schulze to start selling off shares in October Tuesday, 27th August 2013
Richard Schulze, founder and former chairman of the world’s largest consumer electronics chain has announced he plans to start selling its stocks from 1 October, according to a regulatory filing on Monday. "The stock sales ... are part of his personal long-term strategy for asset diversification and liquidity," Schulze told Best Buy, according to the filing.
Pret owner said to be eyeing major Hotel Chocolat investment Friday, 21st June 2013
Reports emerge that Pret A Manger’s owner Bridgepoint Development Capital is considering a major investment in Hotel Chocolat, the luxury chocolate retailer currently valued at more than £100 million.
Aldi posts all-time record share of grocery market Tuesday, 21st May 2013
The latest figures from Kantar Worldpanel show an ongoing polarisation of the grocery market, as both Aldi and Waitrose continue to make gains on rivals. Value retailer Aldi posted an all-time record share of 3.5 per cent in the 12 weeks to 12 May 2013, up from 2.8 per cent of the market last year.
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