Tag archive for ‘Retail acquisition news’
By businessnewstoday On Wednesday, May 2nd, 2018
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Sainsbury’s to merge with Asda to create largest supermarket chain in UK

(adsbygoogle = window.adsbygoogle || []).push({}); Retail acquisition news : British retail giant Sainsbury’s has agreed to acquire rival UK supermarket chain Asda from Walmart in exchange of £2.975 More...

By businessnewstoday On Sunday, April 29th, 2018
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Sainsbury’s in advanced discussions to acquire Asda from Walmart

Retail acquisition news : British supermarket company Sainsbury’s and Walmart-owned Asda Stores are reported to be in talks over a £10 billion merger deal in a move to create the largest UK supermarket chain. The More...

By businessnewstoday On Tuesday, March 27th, 2018
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JD Sports Fashion to acquire US sportswear retailer Finish Line for $558m

Retail acquisition news : UK sportswear retailer JD Sports Fashion has made a conditional acquisition agreement to buy US sportswear retailer Finish Line for about $558 million in an all-cash deal, in a move to More...

By businessnewstoday On Saturday, February 17th, 2018
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VTB Group buys 29.1% stake in Russian supermarket chain Magnit for $2.45bn

Retail acquisition news : State-controlled Russian bank VTB Group has agreed to buy out a 29.1% stake in Russian supermarket chain Magnit for a sum of nearly RUB 138 billion ($2.45 billion) from its owner and founder More...

By businessnewstoday On Sunday, January 28th, 2018
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InRetail Peru to acquire Peruvian pharma retailer Quicorp

Retail acquisition news : InRetail Peru, a Peruvian multi format retailer has agreed to acquire Quicorp, a Peru-based pharmaceutical distributor and retailer in the Andean region for $583 million. InRetail Peru More...

By businessnewstoday On Saturday, December 9th, 2017
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Clas Ohlson to acquire stake in Swedish online grocery store MatHem

Retail acquisition news : Swedish retail company Clas Ohlson has agreed to buy a stake of 10% in MatHem i Sverige, the holdings company of MatHem, a Sweden-based online grocery store for SEK 221 million ($26.16 More...

By businessnewstoday On Sunday, November 26th, 2017
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Lithuania’s Maxima Grupe offers to buy Polish retail chain Stokrotka

Retail acquisition news : Lithuanian retail chain Maxima Grupe has offered to acquire 100% of Emperia Holding, the controlling stakeholder and operator of Polish retail chain Stokrotka for nearly PLN1.19 billion More...

By businessnewstoday On Tuesday, November 21st, 2017
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Alibaba to invest $2.87bn in Chinese hypermarket chain Sun Art Retail

Retail acquisition news : E-commerce giant Alibaba Group will invest HK$22.4 billion ($2.87 billion) for an equity stake in Sun Art Retail Group, a Chinese hypermarket chain operator to expand itself in the offline More...